Sheep Creek

Carbon Streaming Announces Financial Results for the Year Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024

The Company holds an inventory of carbon credits, which were acquired separate and apart from carbon credits delivered under the Company’s carbon credit streaming agreements.

Key Points: 
  • The Company holds an inventory of carbon credits, which were acquired separate and apart from carbon credits delivered under the Company’s carbon credit streaming agreements.
  • Cash, carbon credit streaming and royalty agreements, total assets and non-current liabilities are presented as at the relevant tabular reporting date.
  • Magdalena Bay Blue Carbon Stream: In July 2023, the Company amended the terms of the Magdalena Bay Blue Carbon Stream.
  • In 2023, Carbon Streaming began repositioning itself for long-term success and sustainable shareholder value creation as the voluntary carbon market faced headwinds.

Idaho National Labs (INL) and US Critical Materials Sign Agreement to Develop New Rare Earth Processing Methods

Retrieved on: 
Monday, December 4, 2023

The need for developing these solutions has become highly significant to the security of the United States given our current dependance on Chinese supply and processing of critical materials.

Key Points: 
  • The need for developing these solutions has become highly significant to the security of the United States given our current dependance on Chinese supply and processing of critical materials.
  • US Critical Materials President, and former USGS rare earth commodities specialist, Jim Hedrick stated," The U.S. has very little commercial rare earths processing.
  • This Research Agreement, and the tech that will be developed will help advance US rare earth processing proficiency."
  • Idaho National Laboratory (INL) is a US DOE National Laboratory engaged in world-leading critical materials research and development.

Carbon Streaming Announces Financial Results for the Three and Six Months Ended June 30, 2023

Retrieved on: 
Monday, August 14, 2023

The Company holds an inventory of carbon credits, which were acquired separate and apart from carbon credits delivered under the Company’s carbon credit streaming agreements.

Key Points: 
  • The Company holds an inventory of carbon credits, which were acquired separate and apart from carbon credits delivered under the Company’s carbon credit streaming agreements.
  • Relates to the net cash proceeds generated from the Company’s carbon credit streaming and royalty agreements.
  • “Adjusted net loss”, including per share amounts, is a non-IFRS financial performance measure that is used in this news release.
  • Cash, carbon credit streaming and royalty agreements, total assets and non-current liabilities are presented as at the relevant tabular reporting date.

Catalyze Brings Sheep Creek Community Solar Farm Online, One of the First Community Solar Projects in Southern California

Retrieved on: 
Wednesday, August 2, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230802293552/en/
    The Sheep Creek Community Solar Farm is designed to generate clean energy for both residential and commercial customers as SoCal Edison's first project under California’s Enhanced Community Renewables program.
  • (Photo: Business Wire)
    As one of the first community solar farms in Southern California, Sheep Creek Community Solar Farm is designed to generate clean energy for both residential and commercial accounts.
  • “Community solar plays a key role in ensuring that participation in the clean energy transition is accessible to all,” said Jared Haines, CEO of Catalyze.
  • “We couldn’t be prouder to develop the first front-of-the-meter community solar project that supports California’s ECR program.

Carbon Streaming Announces Financial Results for the Three Month Period Ended March 31, 2023

Retrieved on: 
Monday, May 15, 2023

Carbon Streaming made a milestone payment of $0.6 million to the project developer upon reaching a device deployment target for its Uganda cookstoves project.

Key Points: 
  • Carbon Streaming made a milestone payment of $0.6 million to the project developer upon reaching a device deployment target for its Uganda cookstoves project.
  • In the first quarter, the Company received first carbon credits from two projects under the stream, the Ugandan cookstoves and water purification projects.
  • The Company expects initial credit issuance from several additional projects under the stream in 2023.
  • FCG Amazon Portfolio Royalty: Carbon credits were issued in January 2023 to Future Carbon Group (“Future Carbon”) for the second of the four REDD+ projects covered by the FCG Amazon Portfolio Royalty.

Mast Reforestation announces securing $15M in project financing from Carbon Streaming to accelerate reforestation efforts post wildfire

Retrieved on: 
Wednesday, May 10, 2023

SEATTLE, May 10, 2023 /PRNewswire/ -- Mast Reforestation, the leading vertically integrated reforestation company, today announced a $15 million financing agreement with Carbon Streaming Corporation to advance its post-wildfire reforestation projects throughout the American West. This first-of-its-kind project financing will cover the high upfront costs of reforestation projects, accelerating Mast's forest restoration work and enabling the company to serve more landowners affected by wildfires.

Key Points: 
  • Under the stream financing agreement, Carbon Streaming will provide Mast with up to $15 million to advance its pipeline of post-wildfire reforestation projects.
  • In addition to the $15 million project financing agreement, Carbon Streaming has invested $2 million in Mast.
  • In exchange for project financing, Carbon Streaming will receive carbon removal credits generated by the projects.
  • Carbon Streaming offers Mast its known capacity to fund projects, knowledge of nature-based voluntary carbon markets, its network, and experience with carbon credit sales.

Carbon Streaming Announces Innovative Removals Streaming Agreement and Convertible Note With Mast Reforestation

Retrieved on: 
Wednesday, May 10, 2023

Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a project pipeline streaming agreement (the “Pipeline Agreement”) for up to US$15 million with Mast Reforestation SPV I, LLC (“Mast”), and its parent company, Mast Reforestation, to advance its pipeline of post-wildfire reforestation projects in the Western USA and signed its first carbon streaming agreement (the “Sheep Creek Reforestation Stream”) under the Pipeline Agreement for the Sheep Creek Ranch project (the “Sheep Creek Reforestation Project”) in Montana, USA.

Key Points: 
  • Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a project pipeline streaming agreement (the “Pipeline Agreement”) for up to US$15 million with Mast Reforestation SPV I, LLC (“Mast”), and its parent company, Mast Reforestation, to advance its pipeline of post-wildfire reforestation projects in the Western USA and signed its first carbon streaming agreement (the “Sheep Creek Reforestation Stream”) under the Pipeline Agreement for the Sheep Creek Ranch project (the “Sheep Creek Reforestation Project”) in Montana, USA.
  • Under the Pipeline Agreement, Carbon Streaming will fund up to US$15 million into a pipeline of post-wildfire reforestation projects in the Western USA (the “Mast Reforestation Projects”), by entering into separate stream agreements for each project.
  • Under each stream agreement, Carbon Streaming will make an upfront deposit in exchange for receiving up to 100% of the carbon credits generated from Mast Reforestation Projects and will make ongoing payments to Mast for each carbon credit sold.
  • Carbon Streaming expects financial payback for the Sheep Creek Reforestation Stream following first issuance.

US Critical Materials Reports Independent Lab Confirms up to 10% Rare earth Oxides at Depth at Sheep Creek Montana Claims

Retrieved on: 
Tuesday, February 21, 2023

These rare earth readings far exceed any other domestic rare earth resource.

Key Points: 
  • These rare earth readings far exceed any other domestic rare earth resource.
  • The US Critical Materials claims at Sheep Creek, Montana contain twelve (12) of the most essential critical minerals needed for the world's evolution toward electrification and a sustainable economy."
  • "Sheep Creek samples collected so far are higher grade than most global rare earth deposits, which tend to run from 0.1% to 4% TREO."
  • US Critical Materials will continue to explore, perform geophysical work, and intends to drill on its properties in summer 2023.

US CRITICAL MATERIALS ANNOUNCES THE HIGHEST-GRADE RARE-EARTH DEPOSIT IN THE UNITED STATES

Retrieved on: 
Tuesday, January 31, 2023

SALT LAKE CITY, Jan. 31, 2023 /PRNewswire/ -- US Critical Materials Corp. is pleased to announce the highest reported total rare-earth oxide grades (TREO) of any rare earth deposit in the United States. The levels have been confirmed by analyses from Activation Labs, a well-known and highly respected independent analytical laboratory in Ancaster, Canada.

Key Points: 
  • "We have confirmed that Sheep Creek is the highest-grade rare-earth deposit in the United States, with a multibillion-dollar resource value."
  • - Jim Hedrick
    "We have confirmed that Sheep Creek is the highest-grade rare-earth deposit in the United States, with a multibillion-dollar resource value," stated Jim Hedrick, US Critical Materials President, and former rare-earth Commodity Specialist at the U.S. Geological Survey (USGS).
  • US Critical Materials has nearly nine percent, 9 % TREO (89,932ppm), far ahead of any other domestic rare earth resource.
  • US Critical Materials has recently confirmed carbonatite mineralization at depth, below high-grade surface samples of 17.05% TREO and 16.44% TREO.

Golden Sky Minerals Defines Several Highly Prospective Gold Trends on its Eagle Mountain, Cassiar Gold District, British Columbia

Retrieved on: 
Tuesday, December 13, 2022

Anomalous gold values in soils proved effective at delineating several gold trends interpreted to be gold-bearing quartz veins hosted in faults and/or shears.

Key Points: 
  • Anomalous gold values in soils proved effective at delineating several gold trends interpreted to be gold-bearing quartz veins hosted in faults and/or shears.
  • “The fieldwork in 2022 has been critical for proving the gold potential of the Eagle Mountain Property”, stated Cameron Dorsey, VP Exploration for Golden Sky.
  • “Prospecting and soil sampling proved to be very effective tools for discovering and defining gold prospects within each zone.
  • About Golden Sky Minerals Corp.
    Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition, assessment, exploration, and development of mineral properties located in highly prospective areas and mining-friendly districts.