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     222  0 Kommentare Canada Carbon, Grenville-sur-la-Rouge and CPTAQ Reach Out of Court Settlement

    MISSISSAUGA, Ontario, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce that it has reached a tri-party out-of-court settlement with the Municipality of Grenville-sur-la-Rouge (“GSLR”) and Commission de protection du territoire agricole (“CPTAQ”). Under the terms of the settlement, all current outstanding legal proceedings are abandoned including the damages claim against GSLR of $96 million.

    For its part, Grenville-sur-la-Rouge recognizes that the marble quarry component of the Miller Project complied with its zoning by-law when CCB’s request was filed with CPTAQ on December 14th, 2016 and that Canada Carbon's rights regarding the "marble quarry" component crystallized at that time. It also recognizes that any subsequent zoning by-law changes are not enforceable against the marble quarry component of the Miller Project.

    GLSR recognizes that CCB has the right to proceed with the Miller project because GSLR does not have jurisdiction over the graphite component of the Miller Project.  It also acknowledges that the notice of compliance signed March 16, 2017 was admissible.  Consequently, the CPTAQ undertakes to resume their analysis of the Miller Project file in a rigorous and expedited manner.

    Canada Carbon and Grenville-sur-la-Rouge agree to present all the factual information relating to the Miller project as well as its various impacts on the environment and the community in the framework of forums made available to the public. Both parties agree to act reasonably, in good faith and in the public interest. The parties have also agreed to initiate dialogue on the Miller project and put forward a process applicable to this end, with the assistance of the Ministry of Energy and Natural Resources (MERN), insofar as the latter agrees to act in this capacity.

    Canada Carbon will hold public consultations in GSLR on all aspects of the Project. Canada Carbon will ensure that it adheres to the noise and dust limitations set out by Regulation. Canada Carbon will collaborate with GSLR in carrying out any necessary studies that will aid GSLR with understanding, analyzing or participating in improving the Miller Project for the purpose of social acceptability.

    Canada Carbon has agreed to enter into cost sharing agreements with various stakeholders to pay its proportionate share of the cost of the modification of municipal roads in GSLR which are directly affected by our planned trucking activity.  We have also agreed to limit our blasting and crushing activities within certain hours on weekdays.

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    Canada Carbon, Grenville-sur-la-Rouge and CPTAQ Reach Out of Court Settlement MISSISSAUGA, Ontario, Feb. 19, 2020 (GLOBE NEWSWIRE) - Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce that it has reached a tri-party out-of-court settlement with the Municipality of Grenville-sur-la-Rouge (“GSLR”) and …