The Conversation (0)
Mason Graphite and the Pessamit Innu Council Sign the Mushalakan Impact Benefit Agreement
Jun. 16, 2017 08:24AM PST
Battery Metals Investing
Mason Graphite (“Mason Graphite” or the “Company”) (TSX VENTURE:LLG)(OTCQX:MGPHF) and the Innu Council of Pessamit today signed the Mushalakan Agreement, an Impact Benefit Agreement (“IBA”) resulting from the 2014 Cooperation Agreement between the Parties. The Mushalakan Agreement, negotiated directly between the Pessamit Council and the executives of Mason Graphite, reflects the willingness of the Parties …
Mason Graphite (“Mason Graphite” or the “Company”) (TSX VENTURE:LLG)(OTCQX:MGPHF) and the Innu Council of Pessamit today signed the Mushalakan Agreement, an Impact Benefit Agreement (“IBA”) resulting from the 2014 Cooperation Agreement between the Parties.
The Mushalakan Agreement, negotiated directly between the Pessamit Council and the executives of Mason Graphite, reflects the willingness of the Parties to work closely together to ensure that the Lac Guéret graphite mining project is a success and benefits the Pessamit Community and the population of Manicouagan.
In a same voice, Chief René Simon and Benoît Gascon, CEO of Mason Graphite, said they were very pleased with the agreement and welcomed this new collaboration between the Pessamit First Nation and the Company.
CEO of Mason Graphite, Benoît Gascon, said:
“We are very proud to announce today the Mushalakan Agreement, which is based on a principle of equity between nations. This Agreement will benefit the people of Quebec and the Pessamiuilnut with respect of their rights and their territory.”
Chief René Simon emphasized the Corporation’s exemplary approach to this project:
“From the outset, Mason Graphite acted with great respect and ethics towards our First Nation. The approach undertaken by Benoît Gascon and his team created a standard on the territory of Pessamit.”