NOTRE-DAME-DU-LAUS, QC, Feb. 11,
2025 /CNW/ - Canada Carbon Inc. (the
"Company" or "CCB") (TSXV: CCB), in collaboration
with the Municipality of Notre-Dame-du-Laus ("NDL"), held a
meeting of the Asbury Community Advisory Committee (the
"Committee"). This was the second meeting of the Committee,
which met for the first time in May
2024.
The Committee was set up to encourage NDL residents to
collaborate and participate in the harmonious development of the
Asbury graphite mine project (the "Project"), for the benefit of
the entire community, the environment and the regional economy. Its
mission is to submit recommendations to the Company to foster a
transparent development process for the Project, ensure the
adoption of best practices, and propose actions and initiatives
based on the community's recommendations.
The meeting was an opportunity for the Company to provide an
update on the Project's progress, to inform the Committee of the
various work that has taken place in recent months, and to present
the Project's next steps and deadlines. For its part, the
Municipality reiterated its desire to collaborate with the Company,
as well as to act as a channel of communication with all its
taxpayers regarding the next steps.
At the end of the meeting, it was agreed to combine the
Committee's next meeting with a citizens' information meeting, to
enable NDL residents to ask questions and express their opinions on
the project and its development.
"This new meeting of the Community Advisory Committee
reiterates the commitment of the Municipality of Notre-Dame-du-Laus to foster collaboration and
citizen participation in Canada
Carbon's Asbury project. This is
what we will continue to do, with the aim of maximizing the
positive spin-offs for all our fellow citizens.", commented
Yves Plouffe, deputy mayor of
Notre-Dame-du-Laus.
"I would like to thank the members and the municipality for
their participation and would like to underline the quality of the
constructive and collaborative exchanges between the community of
Notre-Dame-du-Laus and Canada
Carbon. These discussions demonstrate a shared commitment to a
transparent approach that respects everyone. Our goal remains to
foster ongoing dialogue and build a lasting partnership that
benefits the entire community.", said Ellerton Castor, President and CEO of Canada
Carbon.
Graphite plays an essential role in the energy transition, as
well as in the manufacture of lithium-ion batteries, which are
vital to the electrification of transportation and the economy.
This critical mineral can enable Quebec to make further progress in its
electrification policies, in its efforts to combat climate change
and to secure a crucial resource in the current geopolitical
context.
About Notre-Dame-du-Laus
The Municipality of
Notre-Dame-du-Laus is part of the
Antoine-Labelle MRC, located in the Laurentians region. Located in
the southwest of the MRC, it covers a total area of 866
kilometres2, or 14.9% of the MRC's municipalized territory. It is
bordered to the north by the municipalities of Notre-Dame-de-Pontmain, Lac-du-Cerf and Kiamika, and to the north and east by a vast
non-municipalized territory that forms part of the
Papineau-Labelle wildlife reserve.
To the southeast, it is bordered by the Papineau MRC, and to the
southwest by the Vallée-de-la-Gatineau MRC.
About Canada Carbon Inc.
Canada Carbon Inc. is a
mineral exploration company focused on the acquisition, exploration
and development of graphite deposits. The company has acquired two
historic graphite mines, the Miller and Asbury mines, located
respectively in Grenville-sur-la-Rouge and Notre-Dame-du-Laus, Quebec. Canada
Carbon is committed to realizing
its potential as a producer of high-quality graphite 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.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking information" within the meaning of applicable
Canadian securities legislation. All statements, other than
statements of historical fact, are forward-looking information and
are based on expectations, estimates and projections as of the date
of this press release. Any statements that address predictions,
expectations, beliefs, plans, projections, objectives, assumptions,
future events or performance (often, but not always, using
expressions such as "expects", or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "budget",
"scheduled", "forecasts", "estimates", etc.) are forward-looking
statements, "The forward-looking statements contained in this press
release are not statements of historical fact and may constitute
forward-looking information. The forward-looking statements
contained in this press release include statements relating to the
settlement of debt. In disclosing the forward-looking information
contained in this press release, the company has made certain
assumptions. Although the company believes that the expectations
reflected in such forward-looking information are reasonable, it
can give no assurance that the expectations reflected in the
forward-looking information will prove to have been correct. Known
and unknown risks, uncertainties and other factors may affect the
company's results. These factors include, but are not limited to,
compliance with extensive government regulations, domestic and
foreign laws and regulations adversely affecting the company's
business and results of operations, the impact of COVID-19, and
general business, economic, competitive, political and social
uncertainties. Accordingly, readers should not place undue reliance
on the forward-looking information contained in this press release.
Except as required by law, the Company disclaims any intention and
assumes no obligation to update or revise any forward-looking
information to reflect actual results, whether as a result of new
information, future events, changes in assumptions, changes in
factors affecting the forward-looking information or otherwise.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Canada Carbon
