Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS” or the “Company”) is pleased to announce that the Company has, subject to prior TSX Venture Exchange (the “Exchange”) approval to certain provisions thereof, recently formed and incorporated Pacific Briquetters Inc. (“PBI”), a non-reporting British Columbia company, for the present and proposed purpose of owning, financing, developing, constructing and operating a proposed briquette and bio energy manufacturing and distribution facility and business
to be operated on certain lands and premises located in Mission, BC (the “Premises”), which are owned and operated by an affiliate of 0733403 B.C. Ltd. (“TCG”) which, in consideration thereof, is intended to be a 25% shareholder, with the Company as to 75%, in PBI going forward (collectively, the “Venture”).

Continue Reading at

Related posts:

1. Carbon Friendly increases unit financing
2. Carbon Friendly Announces First Phase of its Poland Afforestation Offset Project
3. Press Release: Update – State of the Forest Carbon Marketplace
4. New joint venture company to set up carbon trading exchange
5. NZX signals $20m writedown from carbon trading venture

Tags: carbon credits, Carbon Dioxide, carbon offset