Carbon Done Right Upsizes Private Placement to Fuel Growth in Nature-Based Carbon Assets

Carbon Done Right Developments Inc. (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, has announced the upsizing and extension of its non-brokered private placement. The Company is raising approximately $450,000 at a price of $0.015 per share, with the closing expected on or before February 24, 2025, subject to certain closing conditions.

The upsized private placement will enable Carbon Done Right to continue investing in its operations and corporate support for its flagship forest carbon restoration project, as well as meet investment requirements associated with the final milestone payment under the previously announced pre-purchase agreement (April, 2023). The additional capital will be used to support the Company's ongoing projects and commitments, ensuring its long-term sustainability and growth.

Carbon Done Right's focus on nature-based carbon assets sets it apart from other carbon credit providers. By directly owning and managing nature-based offset projects, the Company offers high-quality carbon credits to its clients, making it a trusted partner to the largest buyers of carbon credits in the world. The Company's dedication to environmental stewardship and its robust pipeline of carbon credit projects make it well-positioned to meet the increasing demand for carbon credits, forecasted to reach $30 billion per year by 2030.

The Company's innovative, experienced leadership team brings years of transferable experience to rapidly develop jurisdictional-scale nature-based solutions that generate benefits for both the planet and shareholders. Carbon Done Right's unique positioning, combined with its experienced leadership and focus on nature-based carbon assets, makes it an attractive investment opportunity for those looking to capitalize on the growing demand for carbon credits.




In conclusion, Carbon Done Right's upsized private placement is a testament to the Company's strong growth prospects and commitment to its mission of challenging climate change by rapidly developing jurisdictional-scale nature-based solutions. By investing in Carbon Done Right, investors can support the Company's efforts to generate benefits for both the planet and shareholders, while capitalizing on the growing demand for carbon credits.