The Company also Endorses the SEC's
Ground-Breaking Proposal to Implement a Rule that Would Require all
Public Companies to Report Their Carbon Emissions
CALGARY,
AB, April 6, 2022 /CNW/ - DeepMarkit Corp.,
("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA:
DEP), a company focused on democratizing access to the
voluntary carbon offset market by minting credits into non-fungible
tokens ("NFTs"), is pleased to announce attendance at the
19th annual North American Carbon World 2022 conference
("NACW" or the "Conference") hosted by Climate Action
Reserve in Anaheim, California
from April 6-8th. NACW
will take place at the Westin Anaheim and represents the largest
North American event addressing the most pressing issues in climate
policy and innovation.
![DeepMarkit Corp. (TSXV: MKT, OTC: MKTDF, FRA: DEP) (CNW Group/DeepMarkit Corp.) DeepMarkit Corp. (TSXV: MKT, OTC: MKTDF, FRA: DEP) (CNW Group/DeepMarkit Corp.)](https://mma.prnewswire.com/media/1781030/DeepMarkit_Corp__DeepMarkit_Attending_the_North_American_Carbon.jpg)
DeepMarkit representatives will network through face-to-face
collaboration with other attendees in the form of registries,
credit holders, project champions, climate technology innovators
government leaders, academics, non-profits and other offset-related
contacts. The Company will also be providing direct exposure to its
MintCarbon.io platform through networking meetings and breakout
sessions. DeepMarkit is pioneering the use of NFTs to unlock
liquidity and transparency in historically opaque carbon markets.
The Company is working to launch the MintCarbon.io platform
imminently, which will offer users the opportunity to successfully
mint verified credits into NFTs on the secure blockchain.
The Conference annually brings together leaders in the
environmental, social and governance community to collaborate and
achieve climate solutions, as well as raise ambition to reduce
emissions at scale and with urgency. Its focus is on learning
up-to-date information, connecting with leaders, showcasing
products and services as well as gaining insights and opportunities
across the carbon industry. Fresh off the momentum of COP26, continued and amplified efforts throughout
the United States, Canada, and Mexico are working to achieve climate
solutions, but more policy, action, and innovation are required to
raise ambition and reduce emissions at the scale and urgency
required.
"NACW represents a terrific opportunity for our team to build
relationships and create interest in the launch of our
MintCarbon.io platform amongst the preeminent stakeholders in the
climate sector. The Conference will address some of the immediate
issues surrounding credit pricing and the illiquidity of verified
carbon credits. We aim to position our platform as the ideal
solution to these issues by offering people around the world easy
access to a secure and transparent market, as well as offering new
projects exposure to a broader audience. We can't wait to show
industry leaders at NACW how MintCarbon.io is being designed to
transform the way that people buy and sell carbon
credits," said Ranjeet Sundher,
CEO of DeepMarkit.
Proposed SEC Rule on Carbon Emissions Disclosure
The U.S. Securities and Exchange Commission ("SEC") recently
proposed a rule that would require all public companies report
their carbon emissions. The rule would increase the reporting
transparency of public corporations and help investors know more
about how climate risks affect their investments. Climate risks are
becoming essential for investors to make informed decisions. The
information will also show which companies are reducing their
carbon footprint. The rule would make the SEC the leading enforcer
of climate-related financial disclosures and the draft proposal is
expected to be finalized before the end of
2022.1
DeepMarkit endorses the SEC's ground-breaking proposal. Company
management believes that a rule of this nature would go beyond
simply raising the bar of corporate disclosure. Once implemented,
it could heighten the general awareness of carbon emissions and the
source and pricing of offset credits as well as accelerate the
evolution of carbon credit trading. DeepMarkit and its
MintCarbon.io platform are well positioned for the proposal to
become a formal rule and is available to work with carbon credit
holders to help them mint their offsets into NFTs to be utilized by
corporate entities pursuing a net-zero emissions position or by
retail investors in the voluntary market.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to
the voluntary carbon offset market by minting credits into
non-fungible tokens ("NFTs"). Its common shares are listed on the
TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's
wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software
infrastructure company operating in the tokenization vertical of
the blockchain. FCC's primary asset, MintCarbon.io, is a web-based,
software-as-a-service platform that facilitates the minting of
carbon credits into NFTs (based on the ERC-1155 standard) or other
secure tokens (based on the ERC-20 standard). MintCarbon.io is
currently undergoing testing and FCC anticipates an official launch
of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"
Ranjeet Sundher, Interim CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking
information. Any statements that are contained in this news release
that are not statements of historical fact may be deemed to be
forward-looking statements, including statements relating to the
Company's business and corporate plans. The reader is cautioned
that assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of DeepMarkit.
Various factors can cause the actual results to differ materially
from those in forward-looking statements. The reader is cautioned
not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release
are made as of the date of this news release and DeepMarkit does
not undertake any obligation to update publicly or to revise any of
the included forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
securities law.
ENDNOTES
- "SEC Proposed Rule on Carbon Emissions Disclosure",
CarbonCredits.com, accessed March 22,
2022,
https://carboncredits.com/sec-carbon-emissions/
SOURCE DeepMarkit Corp.