Canada Carbon Receives First Two Favorable Court Decisions Against the Municipality of Grenville-sur-la-Rouge
April 09 2018 - 1:07PM
Canada Carbon (the “Company”)
(TSX-V: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 NikitovicCanada Carbon416-575-1667
Pierre BouchardINDICO Communications514-951-7516
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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).
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