TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NET) (OTCQB: OFSTF) (FSE: M2K) (“Carbon flow” or “Company) today announced that it has appointed Jonathan Rubenstein, LL.B., as expert counsel to the Company to provide oversight, direction and strategic direction to the Company in the event of significant litigation.
Mr. Rubinstein has many years of experience in the mining sector, having moved into the mining industry after a successful 18-year career as a lawyer in private practice. As a senior officer or director, he has successfully led and negotiated a number of acquisitions, 8 acquisitions (two of which were challenged) and dozens of commercial, contractual and regulatory matters. He has served on the board of directors of more than 10 major mining companies, including Canico Resource Corp., Cumberland Resources Ltd., Eldorado Gold Corp., Detour Gold Corp., Aurelian Resources Inc., Roxgold Resources Inc. and MAG Silver Corp. (where he also served as chairman). He currently serves on the board of directors of South Pacific Metals Corp. At MAG Silver Corp. he was a key player in complex litigation against major Penoles mining companies, fighting a “takeover” claim in court and leading arbitration in Mexico, both of which MAG Silver Corp. won. He has also led contentious proxy fights, directed commercial litigation, and generally been a key strategic planner for the companies for which he has worked. Mr. Rubenstein holds a Bachelor of Arts degree from the University of Auckland and a Bachelor of Laws degree from the University of British Columbia. He practiced law until 1994 and served as a director, senior officer and/or consultant to mining companies for over 45 years.
In addition, the Company has also retained Hayne Poulus, KC, of Poulus, Ensom Smith LLP, as expert counsel to the Company for major litigation matters. Baker McKenzie is serving as the Company's litigation counsel.
Marin Katusa, CEO of Carbon Streaming, said: “The appointments of Jonathan and Hayne strengthen our advisory team and bring significant value, bringing years of diverse litigation experience.”
About carbon flow
Carbon Streaming focuses on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities and biodiversity, as well as carbon reduction or sequestration potential.
ON BEHALF OF THE COMPANY:
Marin Katusa, General Director
Tel: 365.607.6095
[email protected]
www.carbonstreaming.com
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Cautionary Statement Regarding Forward-Looking Information
This press release contains certain forward-looking statements and forward-looking information (collectively: “forward-looking information“) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes are expected or likely to occur in the future are forward-looking information.
Words such as “estimates,” “expects,” “plans,” “expects,” “will,” “believes,” “intends,” “should,” “could,” “could” and other similar terms used in this press release are intended to identify such forward-looking information. This forward-looking information is based on the Company's current expectations or beliefs based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that could cause the Company's actual results to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences or impact on the Company. They should not be considered a guarantee of future performance or results, and will not necessarily be an accurate indication of whether such results will be achieved. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: general economic, market and business conditions and global financial conditions, including fluctuations in interest rates, foreign currency exchange rates and stock market volatility; volatility in carbon credit prices and demand for carbon credits; changes in social or political views on climate change, carbon credits and environmental, social and governance initiatives and subsequent changes in corporate or government policies or regulations and related changes in demand for carbon credits; the Company's expectations and plans with respect to ongoing litigation, arbitration and regulatory proceedings; limited operating history for the Company's current strategy; concentration risk; inaccurate project cost estimates that may impact the Company's ability to implement its growth and diversification strategy; dependence on key management; the impact of corporate restructurings; the Company's inability to optimize cash flows or significantly reduce operating expenses; reputational risk; risks arising from competition and future acquisition activity, disruption or delays in the timing of registration, approval and final development of projects, and verification of emissions reductions or removals and issuance of carbon credits (and other risks associated with carbon credit standards and registries); foreign operations and political risks, including government actions, including changes in government regulation, taxation and carbon pricing initiatives; uncertainties and continued market developments associated with validation and verification requirements in voluntary and/or compliance markets; due diligence risks, including inaccuracy of third party reviews, reports and forecasts; dependence on project partners, operators and owners, including the inability of such counterparties to make payments or fulfill their operational or other obligations to the Company in accordance with the terms of the contractual relationship between the Company and such counterparties; failure of projects to generate carbon credits or natural disasters such as flood or fire, which could have a material adverse effect on the ability of any project to generate carbon credits; volatility in the market price of the Company's common stock or warrants; the effect that the issuance of additional securities by the Company may have on the market price of the Company's common stock or warrants; global health crises such as pandemics and epidemics; and other risks disclosed under “Risk Factors” and elsewhere in the Company’s Annual Information Form dated March 31, 2025, filed on SEDAR+ at: www.sedarplus.ca.
Any forward-looking information speaks only as of the date of this press release. Although the Company believes that the assumptions contained in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and, accordingly, undue reliance should not be placed on such statements due to the inherent uncertainties. Except as required by applicable securities laws, the Company disclaims any intention or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
