TORONTO, Jan. 16, 2024 /CNW/ – Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) (“Karora” or the “Company”) is pleased to announce that it has signed a long-term Power Purchase Agreement (“PPA”), a critical first step in achieving its initial target to reduce Scope 1 & 2 greenhouse gas (“GHG”) emissions by 20% by 2030, compared to a 2024 forecasted business-as-usual baseline. The agreement forms an integral part of Karora’s Environmental, Social and Governance (“ESG”) strategy which is outlined in Karora’s latest ESG report (2022) now published and available for download on the Company’s website at https://www.karoraresources.com/download/Karora-ESG-Report-2022.pdf.
Paul Andre Huet, Chairman & CEO, commented: “The release of Karora’s second ESG report was delayed slightly while we finalized a new Power Purchase Agreement. The report is highlighted by this long-term PPA for our Higginsville operations, including required supporting…
