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Base Carbon Inc.

08:11 AM EST - Base Carbon Inc. : Through its subsidiary Base Carbon Capital Partners Corp, has entered into a letter of intent with the Danish Red Cross to scope and assess — and potentially develop — one or more mangrove-related carbon reduction projects in Southeast Asia which are anticipated to follow VERRA “Tidal Wetland and Seagrass”, methodology. The parties have committed to work together until at least October 2024 with respect to such potential projects in the region. Base Carbon Inc. shares O.BCBNF are trading unchanged at $0.34.