(TheNewswire)
November 7 2022 – TheNewswire - TORONTO, ON – Star Royalties Ltd.( “ Star Royalties” or the “ Company ”)(TSXV:STRR ) , ( OTC:STRFF)is pleased to announce the appointments of Rina Cerrato as ChiefCommercial Officer and Tanushree Bagh Mukherjee as Chief DevelopmentOfficer by its majority-owned, pure-green joint venture Green StarRoyalties Ltd. (“ GreenStar ”). These appointments represent a significantstrengthening of Green Star’s carbon market and project developmentexpertise, and reflect its growing project pipeline of premium NorthAmerican, nature-based environmental solutions.
Alex Pernin, Chief Executive Officer of Star Royalties and Green Star,commented: “We are excited and proud to appoint two highlyexperienced and well-recognized carbon industry leaders in Rina andTanushree. Their extensive knowledge of carbon markets, registryprotocols, and carbon project evaluation will prove to be aninvaluable asset as we continue to rapidly grow Green Star. Rina andTanushree will also join Green Star’s Technical Committee, wheretogether with our joint venture partners, they will provide informedrecommendations on future portfolio investments. ”
Tanushree Bagh Mukherjee, ChiefDevelopment Officer
Tanushree Bagh Mukherjee has over 16 years ofclimate-specific experience across compliance and voluntary carbonmarkets, having started from the early stages of the Clean DevelopmentMechanism, where she developed a robust understanding of Kyotomethodologies. Prior to joining Green Star, Mrs. Mukherjee was theDirector of Verified Carbon Standard Program Management at Verra,where she led a large team of carbon specialists as well as providedguidance and support to project developers and other stakeholdersusing Verra programs, standards, and frameworks to achieve theirclimate and sustainable development goals. Prior to Verra, Mrs.Mukherjee worked in progressively senior roles with severalinternational carbon organizations including South Pole, EvolutionMarkets and EcoSecurities, managing global project identification andbusiness development, methodology and project development, as well asstandards, regulatory services, and co-benefits mappingsupport.
Mrs. Mukherjee is a member of the advisory board of W+Standard, a unique certification label that endorses projects whichcreate increased social and economic benefits for women participatingin economic development or environment projects. Mrs. Mukherjee holdsa Master of Science degree in Natural Resources Management andEnvironmental Sciences with a major in Climate Change from TERIUniversity.
Rina Cerrato, Chief CommercialOfficer
Rina Cerrato has nearly 20 years of technical andregulatory experience in carbon markets, including greenhouse gasquantification and analysis, and carbon markets regulatory compliance.Mrs. Cerrato has been involved in the monetization of the carbon valuein emission reduction opportunities throughout her career, havingscreened and evaluated carbon investments since the first commitmentperiod of the Kyoto Protocol. Prior to joining Green Star, she workedat Nuseed, supporting the commercialization of agricultural productsinto non-fossil- based fuels for thetransportation and aviation sectors. Mrs. Cerrato is an advisor to theInternational Emissions Trading Association (IETA) and to iClimaEarth, a green fintech company. She has also consulted for Environmentand Climate Change Canada and supported innovative companies acrossmultiple technologies through greenhouse gas quantification and carbonmonetization strategies. Previously, Mrs. Cerrato was a Director atInlandsis Fund and Senior Director at Natsource Asset Management, LLC.Mrs. Cerrato is an environmental engineer and holds a Master ofEnvironmental Studies degree from York University.
CONTACT INFORMATION
For more information, please visit our website at starroyalties.com orcontact:
Alex Pernin, P.Geo. DmitryKushnir, CFA
Chief Executive Officer and Director Vice President, InvestorRelations
apernin@starroyalties.com dkushnir@starroyalties.com
+1 647 801 3549 +1 647 287 3846
About Star Royalties Ltd.
Star Royalties Ltd. is a precious metals and carboncredit royalty and streaming company. The Company innovated theworld’s first carbon credit royalties in forestry and regenerativeagriculture through its majority-owned, pure-green joint venture,Green Star Royalties Ltd., and offers investors exposure to preciousmetals and carbon credit prices with an increasingly negative carbonfootprint. The Company’s objective is to provide wealth creation byoriginating accretive transactions with superior alignment to bothcounterparties and shareholders.
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. Forward-looking statements are statements that address ordiscuss activities, events or developments that the Company expects oranticipates may occur in the future. When used in this news release,words such as "estimates", "expects","plans", "anticipates", "will","believes", "intends" "should","could", "may" and other similar terminology areintended to identify such forward-looking statements. Forward-lookingstatements are made based upon certain assumptions and other importantfactors that, if untrue, could cause the actual results, performancesor achievements of Star Royalties and Green Star to be materiallydifferent from future results, performances or achievements expressedor implied by such statements. Forward-looking statements should notbe read as a guarantee of future performance or results and will notnecessarily be an accurate indication of whether or not such resultswill be achieved. A number of factors could cause actual results,performances or achievements to differ materially from suchforward-looking statements, including, without limitation,
changes in business plans and strategies, market andcapital finance conditions, ongoing market disruptions caused by theUkraine and Russian conflict, metal and mineral commodity pricevolatility, discrepancies between actual and estimated production andtest results, mineral reserves and resources and metallurgicalrecoveries, mining operation and development risks relating to theparties which produce the metals and minerals Star Royalties willpurchase or from which it will receive royalty payments, carbonpricing and carbon tax legislation and regulations, risks inherent tothe development of the ESG-related investments and the creation,marketability and sale of carbon offset credits by the parties, thepotential value of mandatory and voluntary carbon markets and carbonoffset credits, including carbon offsets, risks inherent to royaltycompanies, title and permitting matters, operation and developmentrisks relating to the parties which develop, market and sell thecarbon offset credits from which Green Star will receive royaltypayments, 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, risks inherent to apossible Green Star go-public transaction, the nature of thegovernance 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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