TORONTO, May 4, 2023
/CNW/ - Canada Carbon Inc. (the "Company") (TSXV: CCB)
acknowledges the press release issued by the Municipality of
Grenville-sur-la-Rouge (GSLR)
following a special meeting of the Municipal Council concerning the
Company's application to the CPTAQ for the Miller Graphite Project
("the Miller Project").
The Company is disappointed that, after refusing several
attempts by Canada Carbon to initiate a constructive dialogue, the
municipality has made the decision to ask the CPTAQ to refuse
Canada Carbon's request for a fair hearing on its application
related to the Miller Project. The actions by the Municipal Council
on May 2nd are the latest
in a campaign designed to thwart the Company's efforts at the
responsible development of the Miller Project. Irrespective of the
content of the Municipal Council's to-be-published resolution, the
press release issued by the office of Mayor Arnold makes the
following patently clear:
- The Council failed in fulfilling its only required obligation
as per existing provincial laws and regulation: sending the
attestation as to the Miller Project's conformity with municipal
zoning regulations.
- This thinly veiled attempt at evading its responsibility is in
direct contravention of several provisions of the settlement signed
by the parties in February 2020 after
protracted litigation; a settlement in which GSLR already
stipulates that the Miller Project conforms to municipal zoning
regulations.
- GSLR acknowledges that section 246 of the Act respecting land
use planning and development renders GSLR's municipal by-law
inapplicable to the Miller Project.
Canada Carbon's sole objective
has always been, and shall remain, to obtain a fair hearing of its
application to CPTAQ; a hearing where the Miller Project can be
judged on the merits of the Company's plan to responsibly develop,
commission, operate and rehabilitate the Miller Project site. In
contrast, the GSLR Municipal Council has waged and supported a
campaign of obfuscation, disinformation and intimidation, all
designed to frustrate the development of a project that could bring
significant, sorely needed economic and other benefits to the
residents and stakeholders of the region.
The Miller Project, given its unique high-purity graphite, is
likely to be an essential component of Quebec's ability to contribute to the green,
new-energy economy. Quebec
graphite is essential to the critical and strategic minerals
strategy put forward by the Quebec
government, in addition to contributing significantly to the energy
transition, particularly the battery industry being developed
within the province. Canada Carbon
remains committed to establishing a transparent and constructive
dialogue with the municipality and reiterates its willingness to
work with all stakeholders to enable the realization of a project
that will benefit the entire province. Nonetheless, the Company
remains committed to taking all necessary measures to ensure
compliance with all terms of the settlement already secured through
the aforementioned legal process.
About Canada Carbon Inc.
Canada Carbon Inc. is a mining exploration and development
company focused on the acquisition, exploration and development of
graphite deposits. The Company holds a 100% interest in two
strategic, past-producing graphite properties located in
Quebec: the Miller Graphite
Project located in Grenville-Sur-La-Rouge and the Asbury Graphite
Mine located in Notre-Dame-du-Laus.
Canada Carbon is committed to
realizing its potential as a high-quality graphite producer while
maintaining the highest standards of social and environmental
responsibility. For more information on Canada Carbon's mining
activities, please visit our website at www.canadacarbon.com.
CANADA CARBON INC.
"Ellerton Castor"
Chief Executive Officer and
Director
SOURCE Canada Carbon