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Base Carbon Inc.(BCBN-NE)
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Base Carbon and Citigroup Reach Agreement With Developer of Carbon Reduction Project In Vietnam

Globe Newswire - Fri May 27, 2022

TORONTO, May 27, 2022 (GLOBE NEWSWIRE) -- Base Carbon Inc. (NEO:BCBN) (“Base Carbon”, or the “Company”) is pleased to announce it has executed an agreement, through Base Carbon Capital Partners Corp. (“Base Carbon Capital”), to facilitate the development of a cookstove and water purifier carbon reduction project in Vietnam (the “Project”) with Sustainability Investment Promotion and Development Joint Stock Company (“SIPCO”), as in-country project developer. Citigroup Global Markets Limited (“Citigroup”) is the carbon credit offtaker to SIPCO for the Project.

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