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Base Carbon Annual Letter to Shareholders

The company said 2.0 million Rwanda carbon credits have been issued and 25.6 million shares were repurchased since inception.

  • In the first quarter of 2026, Base Carbon achieved CORSIA-eligible tagging for its Rwanda cookstoves project, completing first compliance sales into aviation's mandatory offsetting framework.
  • CORSIA requires airlines globally to offset growth in aviation emissions above 85% of 2019 levels, creating regulated demand for compliance-grade carbon credits from suppliers like Base Carbon.
  • Rwanda project partner DelAgua Group completed sales of approximately 200,000 CORSIA-eligible credits in Q1 2026, remitting net proceeds of approximately $0.7 million to Base Carbon under their revenue-sharing arrangement.
  • CEO Michael Costa of Base Carbon reported that achieving compliance-market tagging and executing initial sales represent significant operational milestones, with the company holding approximately 1.1 million VM0050 credits.
  • The Rwanda project anticipates approximately 2.6 million further carbon credits on a regular bi-annual cadence, while Base Carbon continues advancing its India afforestation project toward VM0047 methodology certification.
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Base Carbon Reports Year End 2025 Operating and Financial Results

TORONTO, March 31, 2026 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its…

·Waterloo, Canada
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Vislink broke the news in on Tuesday, March 31, 2026.
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