STRR:CC - Green Star Royalties Joins International Emissions Trading Association
(TheNewswire)
February 27, 2023 – TheNewswire - TORONTO, ON – Star Royalties Ltd. (“ Star Royalties ”,or the “ Company ”)(TSXV:STRR ) , ( OTC:STRFF)is pleased to announce that its majority-owned joint venture, GreenStar Royalties Ltd. (“ GreenStar ”), has been accepted as a member of the InternationalEmissions Trading Association (“ IETA ”), a leading industry association onmarket-based climate solutions .
IETA represents close to 300 Canadian and internationalcompanies from multiple sectors on the design and implementation ofcarbon pricing and climate finance mechanisms. Its market andtechnical expertise are regularly called-upon to inform policies andmarket trading frameworks that results in real and verifiablegreenhouse gas emission reductions.
Rina Cerrato, Chief Commercial Officer of Green Star, commented: “Weare pleased and honoured to join IETA as Green Star continues to growits critical mass and establish itself as a quality leader in thecarbon financing space. IETA’s thought leadership and advocacy inthe development of carbon/emissions trading mechanisms have beeninvaluable and we are excited to be able to participate and contributealongside its many reputable member organizations. Green Star’sfocus on funding premium carbon offset projects in North America makesus exceptionally well aligned with IETA’s vision of becoming thetrusted business voice on market-based climate solutions.”
Green Star continues to implement its mandate ofquality, scalability, longevity and integrity, as it grows itsinvestment pipeline and aims to become a quality leader in the carboncredit royalty space. To execute on its expanding pipeline, Green Staris actively evaluating capital raising opportunities through acombination of private and public markets.
CONTACT INFORMATION
For more information, please visit our website at starroyalties.com or contact:
Alex Pernin, P.Geo. DmitryKushnir, CFA
Chief Executive Officer and Director Vice President, InvestorRelations
apernin@starroyalties.com dkushnir@starroyalties.com
+1 647 494 5001 +1 647 494 5088
About IETA
The International Emissions Trading Association (IETA) is anon-profit business organization created in June 1999 to establish afunctional international framework for trading in greenhouse gasemission reductions. Membership includes leading internationalcompanies from across the carbon trading cycle. IETA members seek todevelop an emissions trading regime that results in real andverifiable greenhouse gas emission reductions while balancing economicefficiency with environmental integrity and social equity.
About Star Royalties Ltd.
Star Royalties Ltd. is a precious metals and carbon credit royalty andstreaming company. The Company innovated the world’s first carboncredit royalties in forestry and regenerative agriculture through itsmajority-owned, pure-green joint venture, Green Star Royalties Ltd.,and offers investors exposure to precious metals and carbon creditprices with an increasingly negative carbon footprint. The Company’sobjective is to provide wealth creation by originating accretivetransactions with superior alignment to both counterparties andshareholders.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain statements in this news release may constitute"forward-looking statements", including those regardingfuture market conditions for metals, minerals and carbon offsetcredits, future capital raising opportunities, and the future businessgrowth of Green Star Forward-looking statements are statements thataddress or discuss activities, events or developments that the Companyor Green Star expects or anticipates may occur in the future. Whenused in this news release, words such as "estimates","expects", "plans", "anticipates","will", "believes", "intends""should", "could", "may" and othersimilar terminology are intended to identify such forward-lookingstatements. Forward-looking statements are made based upon certainassumptions and other important factors that, if untrue, could causethe actual results, performances or achievements of Star Royalties andGreen Star to be materially different from future results,performances or achievements expressed or implied by such statements.Forward-looking statements should not be read as a guarantee of futureperformance or results and will not necessarily be an accurateindication of whether or not such results will be achieved.
A number of factors could cause actual results,performances or achievements to differ materially from suchforward-looking statements, including, without limitation, changes inbusiness plans and strategies, market and capital finance conditions,ongoing market disruptions caused by the Ukraine and Russian conflict,metal and mineral commodity price volatility, discrepancies betweenactual and estimated production and test results, mineral reserves andresources and metallurgical recoveries, mining operation anddevelopment risks relating to the parties which produce the metals andminerals Star Royalties will purchase or from which it will receiveroyalty payments, carbon pricing and carbon tax legislation andregulations, risks inherent to the development of the ESG-relatedinvestments and the creation, marketability and sale of carbon offsetcredits by the parties, the potential value of mandatory and voluntarycarbon markets and carbon offset credits, including carbon offsets,risks inherent to royalty companies, title and permitting matters,operation and development risks relating to the parties which develop,market and sell the carbon offset credits from which Green Star willreceive royalty payments, changes in crop yields and resultingfinancial margins regulatory restrictions, activities by governmentalauthorities (including changes in taxation), currency fluctuations,the global, federal and provincial social and economic climate inparticular with respect to addressing and reducing global warming,natural disasters and global pandemics, dilution, risk inherent to any capital financing transactions, risksinherent to a possible Green Star go-public transaction, the nature ofthe governance rights between Star Royalties and Agnico Eagle in theoperation and management of Green Star and competition. These risks,as well as others, could cause actual results and events to varysignificantly. Accordingly, readers should exercise caution in relyingupon forward-looking statements and the Company undertakes noobligation to publicly revise them to reflect subsequent events orcircumstances, except as required by law.
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