RCS - Karbon-X Project Inc - Karbon-X Partners with MSDC & Âsokan
26/10/2023 08:15
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231026:nRSZ3253Ra&default-theme=true RNS Number : 3253R Karbon-X Project Inc. 25 October 2023 Karbon-X Partners with The Métis Settlements Development Corporation and Âsokan Generational Developments to Form Askiy Karbon Ltd: A Commitment to Environmental Sustainability and Collaboration CALGARY, AB / ACCESSWIRE / October 25, 2023 / Karbon-X Corp., a leading advocate for sustainable environmental solutions, is proud to announce a transformative partnership with the Métis Settlements Development Corporation (MSDC) and Âsokan Generational Developments Ltd. This historic agreement marks the birth of Askiy Karbon Ltd., a pioneering joint venture poised to revolutionize the energy and environmental sectors while promoting Indigenous prosperity throughout Canada. The Askiy Karbon Ltd. partnership, effective as of October 10th, 2023, brings together Karbon-X, MSDC, and Âsokan in a shared vision to address critical environmental challenges while promoting the economic interests of Indigenous communities. The partnership's key objectives include: Emission Offset Solutions: Askiy Karbon Ltd. will actively work towards mitigating emissions resulting from industrial applications that affect indigenous traditional territories. This commitment aligns with global efforts to reduce carbon footprints and combat climate change. CO2 Sequestration: The joint venture will explore and implement cutting-edge CO2 sequestration systems, directly contributing to the removal of carbon dioxide from the atmosphere on traditional territories. By doing so, Askiy Karbon Ltd. aims to play a pivotal role in environmental restoration and sustainability. Indigenous Compliance Network: Askiy Karbon Ltd. recognizes the importance of upholding Indigenous values and ensuring contractors working on Indigenous lands adhere to these principles. The venture will establish an Indigenous Compliance Network to monitor and promote compliance with Indigenous cultural values and environmental stewardship. Askiy Karbon promotes the alignment of indigenous values and knowledge in addressing climate change across all sectors, industries, and lands. Our work focuses on supporting indigenous traditional territories, and endeavours to bring indigenous perspectives to large climate change mitigation initiatives. About Karbon-X: Karbon-X Corp. is a leading advocate for sustainable environmental solutions, empowering individuals and organizations to take meaningful action in the fight against climate change. The Karbon-X App offers users an accessible platform to offset their carbon footprint and support impactful projects. About Métis Settlements Development Corporation (MSDC): MSDC's primary mission is to advance the economic interests of the Métis Settlements of Alberta. The Corporation evaluates and manages various investment opportunities on behalf of the Métis Settlements Limited Partnership. MSDC blends social purpose with diversified investment strategies, reflecting a commitment to long-term revenue generation for Alberta's Métis Settlements. About Âsokan Generational Developments Ltd.: Âsokan Generational Developments is a consultancy firm specializing in Indigenous governance, ESG Framework development, and Indigenous-industry partnership management. Âsokan aims to empower Indigenous lives today and in the future by bridging the gap between industry and Indigenous communities. For further information and inquiries about Askiy Karbon Ltd. please contact Karbon-X Daniel Haigh Senior Manager, Marketing & Events dh@karbon-x.com (mailto:dh@karbon-x.com) + 1 587 577 3863 Métis Settlements Development Corporation Barbara McKenzie CEO barbara.mckenzie@msdcorp.ca (mailto:barbara.mckenzie@msdcorp.ca) 780-966-2906 Âsokan Justin Bourque President justin@agdev.ca (mailto:justin@agdev.ca) 780-715-6052 SOURCE: Karbon-X Project Inc. This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRADGBDGCDDDGXU