CALGARY, AB / ACCESSWIRE / October 25, 2023 / Karbon-X Corp., a leading advocate for sustainable environmental solutions, is proud to announce a transformative partnership with the Métis Settlements Development Corporation (MSDC) and Âsokan Generational Developments Ltd. This historic agreement marks the birth of Askiy Karbon Ltd., a pioneering joint venture poised to revolutionize the energy and environmental sectors while promoting Indigenous prosperity throughout Canada.

The Askiy Karbon Ltd. partnership, effective as of October 10th, 2023, brings together Karbon-X, MSDC, and Âsokan in a shared vision to address critical environmental challenges while promoting the economic interests of Indigenous communities. The partnership's key objectives include:

Emission Offset Solutions: Askiy Karbon Ltd. will actively work towards mitigating emissions resulting from industrial applications that affect indigenous traditional territories. This commitment aligns with global efforts to reduce carbon footprints and combat climate change.

CO2 Sequestration: The joint venture will explore and implement cutting-edge CO2 sequestration systems, directly contributing to the removal of carbon dioxide from the atmosphere on traditional territories. By doing so, Askiy Karbon Ltd. aims to play a pivotal role in environmental restoration and sustainability.

Indigenous Compliance Network: Askiy Karbon Ltd. recognizes the importance of upholding Indigenous values and ensuring contractors working on Indigenous lands adhere to these principles. The venture will establish an Indigenous Compliance Network to monitor and promote compliance with Indigenous cultural values and environmental stewardship.
Askiy Karbon promotes the alignment of indigenous values and knowledge in addressing climate change across all sectors, industries, and lands. Our work focuses on supporting indigenous traditional territories, and endeavours to bring indigenous perspectives to large climate change mitigation initiatives.

About Karbon-X:
Karbon-X Corp. is a leading advocate for sustainable environmental solutions, empowering individuals and organizations to take meaningful action in the fight against climate change. The Karbon-X App offers users an accessible platform to offset their carbon footprint and support impactful projects.

About Métis Settlements Development Corporation (MSDC):
MSDC's primary mission is to advance the economic interests of the Métis Settlements of Alberta. The Corporation evaluates and manages various investment opportunities on behalf of the Métis Settlements Limited Partnership. MSDC blends social purpose with diversified investment strategies, reflecting a commitment to long-term revenue generation for Alberta's Métis Settlements.

About Âsokan Generational Developments Ltd.:
Âsokan Generational Developments is a consultancy firm specializing in Indigenous governance, ESG Framework development, and Indigenous-industry partnership management. Âsokan aims to empower Indigenous lives today and in the future by bridging the gap between industry and Indigenous communities.

For further information and inquiries about Askiy Karbon Ltd. please contact

Karbon-X
Daniel Haigh Senior Manager, Marketing & Events
dh@karbon-x.com
+ 1 587 577 3863

Métis Settlements Development Corporation
Barbara McKenzie
CEO
barbara.mckenzie@msdcorp.ca
780-966-2906

Âsokan
Justin Bourque
President
justin@agdev.ca
780-715-6052

SOURCE: Karbon-X Project Inc.