Ostrom Climate Solutions Updates Financial Performance

Ostrom Climate Solutions Inc (TSE:COO) has released an update.

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Ostrom Climate Solutions Inc. reported a significant drop in revenue and a net loss for Q3 2024, primarily due to the timing of Verified Emission Reduction unit retirements and increased expenses in their Smart-Rice Project. The company is advancing its Climate-Smart Agriculture initiatives and has appointed a new CEO to drive strategic shifts and address liquidity challenges.

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