Carbon Streaming Announces Financial Results For The Three And Six Months Ended June 30, 2023

Strong Cash Position, Diversified Investment Portfolio, Robust Sales Pipeline, and Cost-Cutting Measures Position the Company for Success

TORONTO, ON, August 14, 2023, Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three and six months ended June 30, 2023. All figures are expressed in United States dollars, unless otherwise indicated. The Company will host a live audio call at 11:00 a.m. ET on Tuesday, August 15, 2023.

Carbon Streaming Founder and CEO Justin Cochrane stated: “In Q2, Carbon Streaming continued to build out our sales and marketing channels, added an exciting new reforestation project into our portfolio, implemented cost cutting measures and significantly improved our operating cash flow and adjusted net loss when compared to the same quarter last year.”

Mr. Cochrane added: “as we pass the first-half mark of 2023, and look ahead to the remaining year, the Company is committed to protecting our robust, debt-free balance sheet, while focusing on sales and supporting our existing carbon streaming and royalty partners.”