other material
confidence high
sentiment positive
materiality 0.50
Nevada Canyon forms Canyon Carbon subsidiary for carbon credit streaming; closes Palmetto royalty deal
Nevada Canyon Gold Corp.
- Formed wholly owned subsidiary Canyon Carbon, LLC to evaluate carbon credit royalties and potential streaming investments in Western US.
- Engaged Warm Springs Consulting, a Certified B Corp, for phase 1 rangeland carbon credit analysis and business plan development.
- Believes carbon credit market will grow; targets ESG solutions for mining sector in Nevada and beyond.
- Closed previously announced acquisition of 2.0% net smelter returns royalty on the Palmetto Project in Nevada.