Carbon Streaming Corporation Price & Performance (OFSTF)

Carbon Streaming Corporation has initiated a $45 million lawsuit against several former executives, directors, and consultants, alleging breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment. The company claims these actions caused significant financial harm, seeking damages from individuals and associated entities for improper payments and misrepresentation.123

A major reshuffle at Carbon Streaming sees Christian Milau appointed interim CEO and Olivier Garret as Board Chair, following resignations of key directors. The company also acquired Blue Dot Carbon Corp. for $2.5 million in shares, aiming to strengthen its position in the carbon finance sector and improve operational performance.4

Carbon Streaming faces a substantial reduction in the value of its Sheep Creek Stream and related investments after partner Mast reported high seedling mortality and slow growth. The company is evaluating legal options, as the project’s viability and expected carbon credit deliveries are now in question, potentially impacting financial statements.5