Karbon-X Corp. signed a Letter of Intent to acquire Silviculture Systems Corp and 4everforest on May 17, 2022. Both SCS and 4everforest will continue to operate under their current brand, their staff will be maintained, and we will provide funding for rapid expansion once acquired.

The acquisition is expected to be completed by August 1, 2022. As of September 22, 2022, final negotiations for the formal agreement are in process. Karbon-X Corp.

signed an agreement to acquire an 80% interest in Silviculture Systems Corp on November 15, 2022.