TORONTO, Dec. 14, 2020 /CNW/ - Canada Nickel Company Inc.
("Canada Nickel" or "The Company") (TSXV: CNC)
(OTCQB: CNIKF) is pleased to announce that it has entered into
a Memorandum of Understanding ("MOU") with the Matachewan and Mattagami First Nations in
relation to exploration and development operations at the Company's
Crawford Nickel-Cobalt Sulphide Project ("the Project") near
Timmins, Ontario.
The MOU establishes a commitment by Canada Nickel to engage in
ongoing consultation and establish a mutually beneficial
cooperative and productive relationship with the First Nations
located in the Project area. The agreement also provides the
communities with an opportunity to participate in the benefits of
the Project through business opportunities, employment and
training, financial compensation and consultation on environmental
matters.
Mark Selby, Chair and CEO of
Canada Nickel Company, said: "Canada Nickel is fully committed
to the responsible development of the Crawford Nickel-Cobalt
Sulphide project to deliver NetZero Nickel and Cobalt products.
From the very beginning, our approach has been to work with First
Nations and local stakeholders as partners in order to create
shared value through economic opportunities, while also being
respectful and responsible stewards of the natural environment."
said Mark Selby, Chair and CEO of
Canada Nickel. "Canada Nickel acknowledges Matachewan and Mattagami First Nations in
their commitment to protect and enhance the land and resource-based
economy within their Traditional Territory. We welcome their
constructive approach and their support of our efforts to move
forward on the development, permitting and construction of the
project."
Chief Jason Batisse of Matachewan
First Nation is "happy to be forging a strong and mutually
beneficial relationship with Canada Nickel on their promising
Nickel-Cobalt Project." Throughout our preliminary discussions,
it has become apparent that "Mark is genuinely committed to
responsible and sustainable development, and our community
appreciates being engaged in the early planning stages of the
project" said Chief Chad
Boissoneau of Mattagami First Nation.
The Crawford Nickel-Cobalt Sulphide Project is located in the
heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to
well-established, major infrastructure associated with over 100
years of regional mining activity. Canada Nickel has launched
wholly-owned NetZero Metals Inc. with the aim to develop
zero-carbon production of nickel, cobalt, and iron at the Crawford
Project.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of
nickel-cobalt sulphide projects to deliver nickel and cobalt
required to feed the high growth electric vehicle and stainless
steel markets. Canada Nickel Company has applied in multiple
jurisdictions to trademark the terms NetZero NickelTM,
NetZero CobaltTM, NetZero IronTM and is
pursuing the development of processes to allow the production of
net zero carbon nickel, cobalt, and iron products. Canada Nickel
provides investors with leverage to nickel and cobalt in low
political risk jurisdictions. Canada Nickel is currently
anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide
Project in the heart of the prolific Timmins-Cochrane mining camp. For more information,
please visit www.canadanickel.com.
View original
content:http://www.prnewswire.com/news-releases/canada-nickel-company-signs-memorandum-of-understanding-with-wabun-tribal-council-for-crawford-nickel-cobalt-sulphide-project-301191961.html
SOURCE Canada Nickel Company Inc.