Under the leadership of President & CEO
"With PlasCred's registration with Verra, we are beginning a process that will set a benchmark for accountability and innovation in the plastic credits market," said
The validation and verification process facilitated by Verra is set to bolster the integrity of PlasCred's processes, and when complete, will grant the ability to generate plastic credits. These credits will help empower businesses to mitigate their plastic impact through investments in waste collection and upcycling efforts. PlasCred's platform and strategic approach are meticulously crafted to maximize the efficacy of each credit, ensuring full transparency and traceability for partners and stakeholders.
About Verra
Verra is a pioneer in developing rigorous standards for quantifying, certifying, and maximizing the environmental and social benefits of emissions reduction and sustainable development initiatives worldwide. www.verra.org
About
PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste upcycler's in
PlasCred also has strategic partnerships with
ON BEHALF OF THE BOARD
Troy Lupul – President & CEO
Forward-looking Statements
This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance, or achievements that PlasCred anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements are based on assumptions, including expectations and assumptions concerning the metaverse and the Company's growth plan. While PlasCred considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative, tax and regulatory developments. Readers are cautioned that the foregoing list is not exhaustive and other risks set out in public disclosure recorded and filed under the Company's profile on www.sedar.com. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. For more information on the risk, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter.
The Canadian Securities Exchange (operated by
SOURCE
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