Toronto, Ontario, Canada, March 19, 2026 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company” or “Canada Carbon”) (TSX-V:CCB) (FF:U7N1) is happy to announce that buying and selling of its not unusual stocks at the TSX Undertaking Trade (the “TSXV”) will resume at marketplace in a while. The Corporate want to thank the shareholders for his or her endurance whilst this subject was once being resolved.
Proportion Consolidation
The Corporate held an annual and particular assembly of shareholders (the “Meeting”) on Wednesday, January 21, 2026 after failing to carry an annual assembly since January 31, 2024. On the Assembly, shareholders authorized a consolidation (the “Consolidation”) of the typical stocks within the capital of the Corporate (the “Common Shares”) at the foundation of as much as ten (10) pre-Consolidation Not unusual Stocks for one (1) post-Consolidation Not unusual Proportion, as and when made up our minds by means of the board of administrators of the Corporate in its sole discretion. The Corporate believes that the Consolidation may additionally expand the pool of traders that will believe making an investment in Canada Carbon, thereby leading to a extra environment friendly marketplace for the Not unusual Stocks.
These days, the Corporate has 242,281,512 Not unusual Stocks issued and exceptional on a pre-Consolidation foundation. Upon final touch of the Consolidation, the Corporate would have roughly 24,228,151 Not unusual Stocks issued and exceptional, assuming the Consolidation ratio is done at the foundation of ten (10) pre-Consolidation Not unusual Stocks for one (1) post-Consolidation Not unusual Proportion. No fractional Not unusual Stocks could be issued on account of the Consolidation and no money attention could be paid in recognize of fractional stocks.
The Not unusual Stocks would proceed to business at the TSXV beneath the logo “CCB” and the Corporate’s title would stay the similar. On account of the Consolidation, the workout or conversion value and the selection of Not unusual Stocks issuable beneath any of the Corporate’s exceptional warrants and inventory choices could be proportionately adjusted to mirror the Consolidation according to the respective phrases thereof. The Consolidation is predicted to be finished by means of April 30, 2026 or such different time because the Corporate determines in its sole discretion.
Additional knowledge at the Consolidation may also be discovered within the Corporate’s control knowledge round dated December 17, 2025 that was once filed on SEDAR+ at www.sedarplus.ca.
Omnibus Fairness Incentive Plan
On the Assembly, shareholders additionally authorized the adoption of an omnibus fairness incentive plan (the “Omnibus Plan”) for the aim of attracting, conserving and motivating administrators, officials, staff and specialists of the Corporate.
As amended, the Omnibus Plan supplies for the grant of inventory choices representing as much as 10% of the Corporate’s issued and exceptional Not unusual Stocks every so often, at the side of a hard and fast most of 24,228,151 Not unusual Stocks (on a pre-Consolidation foundation) to be had for issuance pursuant to limited percentage devices, deferred percentage devices and function percentage devices, representing 10% of the issued and exceptional Not unusual Stocks on the date the Omnibus Plan was once authorized by means of shareholders.
A replica of the Omnibus Plan, as amended, is to be had beneath the Corporate’s profile on SEDAR+ at www.sedarplus.ca.
Alternate of Officials
The Corporate publicizes that Ellerton Castor, Leader Government Officer, has resigned in his capability as a director and officer of the Corporate, efficient March 31, 2026. As well as, Remantra Sheopaul has resigned as Leader Monetary Officer of the Corporate, efficient straight away. The board of administrators has appointed a present director of the Corporate, Arran Thorpe, as period in-between Leader Government Officer and period in-between Leader Monetary Officer, to serve in such capacities till appropriate replacements for every place are appointed. The Corporate thank you Mr. Castor and Mr. Sheopaul for his or her contributions and repair to the Corporate and needs them neatly of their long term endeavours.
Running Capital and Internet Tangible Belongings
As required beneath TSXV Coverage 2.5, the Corporate discloses that it had a running capital deficiency of $2,536,783 as reported in its period in-between monetary statements for the 9 months ended September 30, 2025. The Corporate intends to handle this deficiency thru a mixture of value‑aid projects, the deferral of positive payables, and expected financings, together with possible fairness issuances or different capital‑elevating transactions, as is also accredited by means of the TSXV.
The Corporate additionally reviews a internet tangible property deficiency of $2,561,783 as at September 30, 2025. In line with TSXV Coverage 2.5, the Corporate plans to treatment this deficiency thru the similar measures described above, together with further capital elevating, and throughout the development of its company technique supposed to fortify its monetary place and give a boost to its stability sheet.
The Corporate will probably be put on a 90-day Realize for Switch from Tier 1 to Tier 2 because of those deficiencies.
CANADA CARBON INC.
FORWARD LOOKING INFORMATION
This press unencumber incorporates statements that represent “forward-looking information” (“forward-looking information”) inside the which means of the acceptable Canadian securities regulation. All statements, instead of statements of historic reality, are forward-looking knowledge and are according to expectancies, estimates and projections as on the date of this press unencumber. Any observation that discusses predictions, expectancies, ideals, plans, projections, targets, assumptions, long term occasions or efficiency (incessantly however no longer at all times the use of words comparable to “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or permutations of such phrases and words or mentioning that positive movements, occasions or effects “may” or “could”, “would”, “might” or “will” be taken to happen or be accomplished) don’t seem to be statements of historic reality and is also forward-looking knowledge. Ahead-looking knowledge on this press unencumber contains statements relating to, amongst different issues, the timing of the resumption of buying and selling and steps to handle the Corporate’s running capital and internet tangible asset deficiencies, the seek for a brand new Leader Government Officer and Leader Monetary Officer and different issues similar thereto. In disclosing the forward-looking knowledge contained on this press unencumber, the Corporate has made positive assumptions. Even if the Corporate believes that the expectancies mirrored in such forward-looking knowledge are cheap, it can provide no assurance that the expectancies of any forward-looking knowledge will end up to be proper. Identified and unknown dangers, uncertainties, and different components which would possibly purpose the true effects and long term occasions to fluctuate materially from the ones expressed or implied by means of such forward-looking knowledge. Such components come with however don’t seem to be restricted to: compliance with intensive govt laws; monetary skills; the facility to increase the Miller deposit; home and overseas rules and laws adversely affecting the Corporate’s trade and result of operations; and common trade, financial, aggressive, political, and social uncertainties. Accordingly, readers must no longer position undue reliance at the forward-looking knowledge contained on this press unencumber. Excluding as required by means of legislation, the Corporate disclaims any goal and assumes no legal responsibility to replace or revise any forward-looking knowledge to mirror exact effects, whether or not on account of new knowledge, long term occasions, adjustments in assumptions, adjustments in components affecting such forward-looking knowledge or another way.
Neither TSX Undertaking Trade nor its Legislation Products and services Supplier (as that time period is outlined within the insurance policies of the TSX Undertaking Trade) accepts duty for the adequacy or accuracy of this unencumber.
