- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Canada Carbon Receives First Two Favorable Court Decisions Against the Municipality of Grenville-sur-la-Rouge
Canada Carbon (TSXV:CCB, OTC:BRUZF, FF:U7N1) announces that on March 29th, 2018, legal counsel for Canada Carbon and the Municipality of Grenville-sur-la-Rouge (“GSLR”) were summoned to the Court for the first time as part of the Judicial Review and Declaratory Judgment process in order to determine a schedule for legal proceedings.
Canada Carbon (TSXV:CCB, OTC:BRUZF, FF:U7N1) announces that on March 29th, 2018, legal counsel for Canada Carbon and the Municipality of Grenville-sur-la-Rouge (“GSLR”) were summoned to the Court for the first time as part of the Judicial Review and Declaratory Judgment process in order to determine a schedule for legal proceedings (hereinafter the “Judicial Review”).
Counsel for GSLR insisted on presenting a motion to have the judicial review dismissed on the basis that the legal filings brought by Canada Carbon were considered abusive according to sections 51 and subsequent of the Code of Civil Procedure. On this issue, the Court found that the municipality’s demand was unfounded in law and refused to include it in the Court’s schedule of deadlines.
Counsel for GSLR also requested that Grenville-sur-la-Rouge be entitled to carry out a hydrogeological assessment of the Miller Project in the context of this case. On this issue, the Court held that it was not appropriate to allow Grenville-sur-la-Rouge to produce such an expert report and therefore refused that request.
After adjudicating on the two motions above, the Court set a schedule of deadlines to be met until the hearing of the judicial review.
Contact information:
Olga Nikitovic
Canada Carbon
416-575-1667
Pierre Bouchard
INDICO Communications
514-951-7516
“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.”
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
Click here to connect with Canada Carbon (TSXV:CCB, OTC:BRUZF, FF:U7N1) for an Investor Presentation
Source: globenewswire.ca
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.