Canada Carbon Wants to Quickly Establish Dialogue Protocols With the Municipality of GSLR

MISSISSAUGA, Ontario, March 01, 2021 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon") (TSX-V:CCB), (FF:U7N1) wishes to quickly establish a mutually agreed upon protocol for the format and content of future discussions with GSLR to ensure the Miller Projecta??s impact on the municipality and surrounding areas is understood and modified to the extent required or possible for the benefit of all stakeholders.
CCB has always been convinced that the co-construction of a protocol based on equal contributions from both parties was the best approach to ensure an outcome with which each party feels comfortable. That is why the Company proposed a co-facilitation process which would be a non-confrontational process, conducted by neutral and mutually accepted parties. "We want to build trust from the very beginning of this important process and wish to begin dialogue in order to continue positively towards the common goals identified by both parties in the Settlement Agreement signed in February 2020,a??" said Olga Nikitovic, Interim CEO.The Settlement Agreement, which was agreed to by both parties, states that GSLR and CCB agree to enter into a dialogue on the Miller Project and to put forward a process for that purpose with the assistance of the MERN, to the extent that the MERN agrees to act in that capacity (Section 18). As part of this process, CCB agrees to collaborate with GSLR in the conduct of any study that GSLR may require, where applicable, upon the recommendation of a professional under the Professional Code, in order to enable it to understand, analyze or participate in improving the Miller Project in terms of its social acceptability (Section 19).The objective of these two sections was to ensure that through dialogue both parties would determine what additional analysis would be required and that the collection of this additional information was carried out jointly on a scientific, effective and transparent basis.To this end, Canada Carbon sent several communications to the Municipality of GSLR during 2020 to begin the dialogue with co-facilitators. In the Companya??s communications with GSLR, it was made clear that CCB would be prepared to pay for some portion of the co-facilitator utilized by GSLR and would also be prepared to fund some portion of the reports that would be determined by both parties to be necessary.
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