{"success":true,"data":{"pressRelease":{"id":"68557","rtpr_id":"nGNXbkFlHD","ticker":"BCBN","exchange":"","all_tickers":["BCBN"],"title":"Base Carbon Announces Renewal of Normal Course Issuer Bid","author":"Globe Newswire","published_at":"2026-06-19T11:30:00.125Z","article_body":"TORONTO, June 19, 2026 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN)\n(OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base\nCarbon Capital Partners Corp. (together, with affiliates, “Base Carbon”,\nor the “Company”), announced today that Cboe Canada has accepted the\nCompany’s renewed normal course issuer bid (“NCIB”) to purchase, for\ncancellation, up to 6,264,560 of Base Carbon’s common shares (“Shares”).\n\nThe Company will renew its NCIB program for the fourth consecutive year\nbeginning on June 23, 2026, as the Company’s current normal course issuer\nbid will end on June 22, 2026. Under the current NCIB, as of June 16, 2026,\nthe Company had purchased 4,009,330 Shares at a weighted average price of\n$0.6315 representing 60.2% of 6,659,310 Shares authorized for purchase and\ncancellation under the current NCIB program. In total, since beginning of its\nstrategy of repurchasing Shares, the Company has repurchased 27,507,089 Shares\nat an average price of $0.3858 which represents a reduction of 21.5% of Shares\noutstanding since June 17, 2022.\n\nPursuant to the renewed NCIB, Base Carbon may purchase over a period of 12\nmonths beginning on June 23, 2026, and ending June 22, 2027, up to 6,264,560\nShares representing approximately 6.2% of the 100,843,488 issued and\noutstanding Shares and 10% of the Company’s public float as of June 16,\n2026. On any given day during the new NCIB program, Base Carbon may purchase\nup to 35,594 Shares which is equivalent to 25% of the average daily trading\nvolume of 142,374 for the previous six months, which excludes purchases made\nunder the current NCIB. Block trades for a greater number of Shares may be\nmade once per calendar week.\n\nPurchases under the NCIB may commence as of June 23, 2026 and will end on\nthe earlier of: (i) June 22, 2027; or (ii) the date on which Base Carbon has\npurchased the maximum number of Shares which may be acquired under the NCIB.\nThe purchases made will be done in accordance with the rules of Cboe Canada,\nthrough the facilities of Cboe Canada or through alternative Canadian trading\nsystems. The actual number of Shares which will be purchased, and the timing\nand price of such purchases will be determined by the Company in accordance\nwith Cboe Canada’s Listing Manual and guidelines. Shares purchased under the\nNCIB will be returned to treasury for cancellation.\n\nThe Board of Directors of the Company believes that the market price of the\nShares may from time to time not reflect the underlying value of Base Carbon,\nincluding its growth opportunities, and that the proposed purchasing of its\nShares through the NCIB is in the best interests of the Company and represents\nan appropriate use of corporate funds.\n\nThe Company has also entered into an automatic share purchase plan (\"ASPP\")\nwith a broker in order to facilitate repurchases of Shares pursuant to the\nNCIB. During the effective period of Base Carbon's ASPP, Base Carbon's broker\nmay purchase Shares at times when the Company would not be active in the\nmarket due to insider trading rules and its own internal trading blackout\nperiods. Purchases will be made by the Company's broker based upon parameters\nset by the Company when it is not in possession of any material non-public\ninformation about itself and its securities, and in accordance with the terms\nof the ASPP. Outside of the effective period of the ASPP, Shares may continue\nto be purchased pursuant to Base Carbon's discretion, subject to applicable\nlaw. The ASPP has been entered into in accordance with the requirements of\napplicable Canadian securities laws.\n\nAbout Base Carbon\n\nBase Carbon provides capital, development expertise and management operating\nresources to projects involved in the global carbon markets. We endeavor to\nbe the preferred carbon project partner in providing capital and management\nresources to carbon removal and reduction projects globally\nand, where appropriate, will utilize technologies within the evolving\nenvironmental industries to enhance efficiencies, commercial credibility, and\ntrading transparency. For more information, please\nvisit www.basecarbon.com. \n\nMedia and Investor Inquiries\n\nBase Carbon Inc.\nInvestor Relations\nTel: +1 647 952 3979\nE-mail: investorrelations@basecarbon.com \n\nMedia Inquiries\nE-mail: media@basecarbon.com \n\nKwesi Marshall, Chief Financial Officer, and Ryan Hornby, Chief Legal Officer\nare responsible for this press release.\n\nCautionary Statement Regarding Forward Looking Information\n\nThis press release contains “forward-looking information” within the\nmeaning of applicable securities laws with respect of the Company, including\nbut not limited to, statements relating to the purchase of Shares under the\nNCIB and the focus of Base Carbon’s business. In some cases, but not\nnecessarily in all cases, forward-looking information may be identified by the\nuse of forward-looking terminology such as “expects”, “anticipates”,\n“intends”, “contemplates”, “believes”, “projects”, “plans”\nor variations of such words and similar expressions or state that certain\nactions, events or results “may”, “could”, “would”, “might”,\n“will” or “will be taken”, “occur” or “be achieved”. In\naddition, any statements that refer to expectations, projections or other\ncharacterizations of future events or circumstances contain forward-looking\ninformation. Statements containing forward-looking information are not\nhistorical facts but instead represent management’s expectations, estimates\nand projections regarding future events. Statements about, among other things,\nthe purchase of Shares under the NCIB and Base Carbon’s strategic plans are\nall forward-looking information. These statements should not be read as\nguarantees of future performance, results, or achievements.\n\nAlthough management believes that the anticipated future results, performance\nor achievements expressed or implied by the forward-looking information are\nbased upon reasonable assumptions and expectations, readers should not place\nundue reliance on forward-looking information because it involves assumptions,\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results, performance or achievements to differ materially from\nanticipated future results, performance or achievements expressed or implied\nby such forward-looking information.\n\nThe forward-looking statements made herein are subject to a variety of risk\nfactors and uncertainties, many of which are beyond the Company’s control,\nwhich could cause actual events or results to differ materially and adversely\nfrom those reflected in the forward-looking statements. Readers are cautioned\nthat forward-looking statements are not guarantees of future performance.\nSpecific reference is made to the management discussion and analysis for the\nCompany’s quarter ended March 31, 2026 and the most recent Annual\nInformation Form on file with the Canadian provincial securities regulatory\nauthorities (and available on www.sedarplus.ca) for a more detailed discussion\nof some of the factors underlying forward-looking statements and the risks\nthat may affect the Company’s ability to achieve the expectations set forth\nin the forward-looking statements contained in this press release.\n\nShould one or more of the risks and uncertainties materialize, or should\nunderlying assumptions prove incorrect, actual events or results may vary\nmaterially and adversely from those described in the forward-looking\ninformation. The forward-looking information contained in this press release\nis provided as of the date of this press release, and the Company expressly\ndisclaims any obligation to update or alter statements containing any\nforward-looking information, or the factors or assumptions underlying them,\nwhether as a result of new information, future events or otherwise, except as\nrequired by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/83330535-4cd5-45a6-a7ca-0b86d793525d)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbkFlHD","title":"Base Carbon Announces Renewal of Normal Course Issuer Bid","author":"Globe Newswire","ticker":"BCBN","created":"2026-06-19T11:30:00.125Z","tickers":["BCBN"],"exchange":"","article_body":"TORONTO, June 19, 2026 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN)\n(OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base\nCarbon Capital Partners Corp. (together, with affiliates, “Base Carbon”,\nor the “Company”), announced today that Cboe Canada has accepted the\nCompany’s renewed normal course issuer bid (“NCIB”) to purchase, for\ncancellation, up to 6,264,560 of Base Carbon’s common shares (“Shares”).\n\nThe Company will renew its NCIB program for the fourth consecutive year\nbeginning on June 23, 2026, as the Company’s current normal course issuer\nbid will end on June 22, 2026. Under the current NCIB, as of June 16, 2026,\nthe Company had purchased 4,009,330 Shares at a weighted average price of\n$0.6315 representing 60.2% of 6,659,310 Shares authorized for purchase and\ncancellation under the current NCIB program. In total, since beginning of its\nstrategy of repurchasing Shares, the Company has repurchased 27,507,089 Shares\nat an average price of $0.3858 which represents a reduction of 21.5% of Shares\noutstanding since June 17, 2022.\n\nPursuant to the renewed NCIB, Base Carbon may purchase over a period of 12\nmonths beginning on June 23, 2026, and ending June 22, 2027, up to 6,264,560\nShares representing approximately 6.2% of the 100,843,488 issued and\noutstanding Shares and 10% of the Company’s public float as of June 16,\n2026. On any given day during the new NCIB program, Base Carbon may purchase\nup to 35,594 Shares which is equivalent to 25% of the average daily trading\nvolume of 142,374 for the previous six months, which excludes purchases made\nunder the current NCIB. Block trades for a greater number of Shares may be\nmade once per calendar week.\n\nPurchases under the NCIB may commence as of June 23, 2026 and will end on\nthe earlier of: (i) June 22, 2027; or (ii) the date on which Base Carbon has\npurchased the maximum number of Shares which may be acquired under the NCIB.\nThe purchases made will be done in accordance with the rules of Cboe Canada,\nthrough the facilities of Cboe Canada or through alternative Canadian trading\nsystems. The actual number of Shares which will be purchased, and the timing\nand price of such purchases will be determined by the Company in accordance\nwith Cboe Canada’s Listing Manual and guidelines. Shares purchased under the\nNCIB will be returned to treasury for cancellation.\n\nThe Board of Directors of the Company believes that the market price of the\nShares may from time to time not reflect the underlying value of Base Carbon,\nincluding its growth opportunities, and that the proposed purchasing of its\nShares through the NCIB is in the best interests of the Company and represents\nan appropriate use of corporate funds.\n\nThe Company has also entered into an automatic share purchase plan (\"ASPP\")\nwith a broker in order to facilitate repurchases of Shares pursuant to the\nNCIB. During the effective period of Base Carbon's ASPP, Base Carbon's broker\nmay purchase Shares at times when the Company would not be active in the\nmarket due to insider trading rules and its own internal trading blackout\nperiods. Purchases will be made by the Company's broker based upon parameters\nset by the Company when it is not in possession of any material non-public\ninformation about itself and its securities, and in accordance with the terms\nof the ASPP. Outside of the effective period of the ASPP, Shares may continue\nto be purchased pursuant to Base Carbon's discretion, subject to applicable\nlaw. The ASPP has been entered into in accordance with the requirements of\napplicable Canadian securities laws.\n\nAbout Base Carbon\n\nBase Carbon provides capital, development expertise and management operating\nresources to projects involved in the global carbon markets. We endeavor to\nbe the preferred carbon project partner in providing capital and management\nresources to carbon removal and reduction projects globally\nand, where appropriate, will utilize technologies within the evolving\nenvironmental industries to enhance efficiencies, commercial credibility, and\ntrading transparency. For more information, please\nvisit www.basecarbon.com. \n\nMedia and Investor Inquiries\n\nBase Carbon Inc.\nInvestor Relations\nTel: +1 647 952 3979\nE-mail: investorrelations@basecarbon.com \n\nMedia Inquiries\nE-mail: media@basecarbon.com \n\nKwesi Marshall, Chief Financial Officer, and Ryan Hornby, Chief Legal Officer\nare responsible for this press release.\n\nCautionary Statement Regarding Forward Looking Information\n\nThis press release contains “forward-looking information” within the\nmeaning of applicable securities laws with respect of the Company, including\nbut not limited to, statements relating to the purchase of Shares under the\nNCIB and the focus of Base Carbon’s business. In some cases, but not\nnecessarily in all cases, forward-looking information may be identified by the\nuse of forward-looking terminology such as “expects”, “anticipates”,\n“intends”, “contemplates”, “believes”, “projects”, “plans”\nor variations of such words and similar expressions or state that certain\nactions, events or results “may”, “could”, “would”, “might”,\n“will” or “will be taken”, “occur” or “be achieved”. In\naddition, any statements that refer to expectations, projections or other\ncharacterizations of future events or circumstances contain forward-looking\ninformation. Statements containing forward-looking information are not\nhistorical facts but instead represent management’s expectations, estimates\nand projections regarding future events. Statements about, among other things,\nthe purchase of Shares under the NCIB and Base Carbon’s strategic plans are\nall forward-looking information. These statements should not be read as\nguarantees of future performance, results, or achievements.\n\nAlthough management believes that the anticipated future results, performance\nor achievements expressed or implied by the forward-looking information are\nbased upon reasonable assumptions and expectations, readers should not place\nundue reliance on forward-looking information because it involves assumptions,\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results, performance or achievements to differ materially from\nanticipated future results, performance or achievements expressed or implied\nby such forward-looking information.\n\nThe forward-looking statements made herein are subject to a variety of risk\nfactors and uncertainties, many of which are beyond the Company’s control,\nwhich could cause actual events or results to differ materially and adversely\nfrom those reflected in the forward-looking statements. Readers are cautioned\nthat forward-looking statements are not guarantees of future performance.\nSpecific reference is made to the management discussion and analysis for the\nCompany’s quarter ended March 31, 2026 and the most recent Annual\nInformation Form on file with the Canadian provincial securities regulatory\nauthorities (and available on www.sedarplus.ca) for a more detailed discussion\nof some of the factors underlying forward-looking statements and the risks\nthat may affect the Company’s ability to achieve the expectations set forth\nin the forward-looking statements contained in this press release.\n\nShould one or more of the risks and uncertainties materialize, or should\nunderlying assumptions prove incorrect, actual events or results may vary\nmaterially and adversely from those described in the forward-looking\ninformation. The forward-looking information contained in this press release\nis provided as of the date of this press release, and the Company expressly\ndisclaims any obligation to update or alter statements containing any\nforward-looking information, or the factors or assumptions underlying them,\nwhether as a result of new information, future events or otherwise, except as\nrequired by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/83330535-4cd5-45a6-a7ca-0b86d793525d)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-19T11:30:00.203913862Z","server_sent_at_ms":1781868600203},"received_at":"2026-06-19T11:30:00.261Z","source_url":null},"analysis":{"id":"57969","press_release_id":"68557","analysis_json":{"industry":{"label":"Environmental & Facilities Services","sector":"Industrials"},"redFlags":[],"eventType":"buyback","narrative":"Base Carbon announced the renewal of its Normal Course Issuer Bid (NCIB) for the fourth consecutive year, authorized to repurchase up to 6,264,560 shares for cancellation.\n\nThe new program begins June 23, 2026, and allows the company to buy back approximately 6.2% of its outstanding shares or 10% of its public float over the next 12 months.\n\nSince initiating its buyback strategy in June 2022, Base Carbon has repurchased 27.5 million shares at an average price of $0.3858, reducing total outstanding shares by 21.5%.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine NCIB renewal signals continued commitment to capital return and share count reduction."},"keyFigures":{"sharesOffered":6264560,"customDimensions":{"avg_daily_volume":142374,"ncib_cap_pct_float":"10%","avg_price_historical":0.3858,"daily_purchase_limit":35594,"ncib_cap_pct_outstanding":"6.2%","total_shares_outstanding":100843488,"shares_repurchased_current_ncib":4009330,"weighted_avg_price_current_ncib":0.6315,"total_shares_repurchased_historical":27507089}},"quotedText":"The Board of Directors of the Company believes that the market price of the Shares may from time to time not reflect the underlying value of Base Carbon, including its growth opportunities, and that the proposed purchasing of its Shares through the NCIB is in the best interests of the Company and represents an appropriate use of corporate funds.","namedEntities":{"people":[{"name":"Kwesi Marshall","role":"Chief Financial Officer"},{"name":"Ryan Hornby","role":"Chief Legal Officer"}],"products":[],"companies":[{"name":"Base Carbon Inc.","ticker":"BCBN","relationship":"filer"},{"name":"Base Carbon Capital Partners Corp.","relationship":"subsidiary"},{"name":"Cboe Canada","relationship":"exchange"}],"dollarAmounts":[{"amount":"$0.6315","context":"weighted average price of shares purchased under current NCIB"},{"amount":"$0.3858","context":"average price of total historical share repurchases"}]},"materialImpact":{"score":2,"reasoning":"Renewal of a Normal Course Issuer Bid (NCIB) for up to 6.2% of outstanding shares. This is a routine capital return signal for a small-cap issuer, indicating management believes shares are undervalued, but lacks the magnitude or surprise of a major strategic shift."},"tickerRelevance":{"others":[],"primary":"BCBN"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_capital_return","sectorWeight":"niche_carbon_markets","marketCapAdjustment":"low"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Base Carbon announced the renewal of its Normal Course Issuer Bid (NCIB) for the fourth consecutive year, authorized to repurchase up to 6,264,560 shares for cancellation.\n\nThe new program begins June 23, 2026, and allows the company to buy back approximately 6.2% of its outstanding shares or 10% of its public float over the next 12 months.\n\nSince initiating its buyback strategy in June 2022, Base Carbon has repurchased 27.5 million shares at an average price of $0.3858, reducing total outstanding shares by 21.5%.","key_figures":{"sharesOffered":6264560,"customDimensions":{"avg_daily_volume":142374,"ncib_cap_pct_float":"10%","avg_price_historical":0.3858,"daily_purchase_limit":35594,"ncib_cap_pct_outstanding":"6.2%","total_shares_outstanding":100843488,"shares_repurchased_current_ncib":4009330,"weighted_avg_price_current_ncib":0.6315,"total_shares_repurchased_historical":27507089}},"named_entities":{"people":[{"name":"Kwesi Marshall","role":"Chief Financial Officer"},{"name":"Ryan Hornby","role":"Chief Legal Officer"}],"products":[],"companies":[{"name":"Base Carbon Inc.","ticker":"BCBN","relationship":"filer"},{"name":"Base Carbon Capital Partners Corp.","relationship":"subsidiary"},{"name":"Cboe Canada","relationship":"exchange"}],"dollarAmounts":[{"amount":"$0.6315","context":"weighted average price of shares purchased under current NCIB"},{"amount":"$0.3858","context":"average price of total historical share repurchases"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-19T11:30:17.092Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine_capital_return","sectorWeight":"niche_carbon_markets","marketCapAdjustment":"low"}},"durationMs":16812,"modelName":"george-droid-qwen-72b"}}