Arbor Metals Engages Strategic Government Consultant
July 24 2023 - 2:00AM
Arbor Metals Corp. (“
Arbor” or the
“
Company”) (TSXV: ABR, FWB: 432) announces the
engagement of a strategic consultant aimed at collaborating with
other mining industry participants to secure substantial government
support for Canadian miners, mirroring the support seen so far for
major battery manufacturers. Arbor applauds the Canadian
government's dedication to propelling the EV industry by giving
substantial funds to battery manufacturers, an action vital for
maintaining Canada's leadership in the global electric vehicle
sector. Arbor seeks to support the interests of Canadian miners,
recognizing their indispensable role as providers of key elements
fueling the EV revolution.
Recently, the Canadian government provided
significant financial support to facilitate the country's
establishment and expansion of battery manufacturing plants. While
praising the government's initiative to boost battery production,
Arbor underscores the importance of Canadian miners who supply the
essential minerals needed for EV batteries.
Mark Ferguson, Chief Executive of Arbor,
expressed the Company's viewpoint: "We commend the Canadian
Government's support of companies like Volkswagen and Stellantis-LG
in their contribution to Canada's rapidly developing EV industry.
However, we firmly believe that Canadian miners are equally
critical to the success of this industry. As providers of vital
elements for EV batteries, we envision a collaborative effort among
all participants in the EV industry, from miners to battery
manufacturers and end users, working together to advance the sector
and meet the Net Zero goals set by various governments worldwide.
Arbor is eager to collaborate with other industry participants in
securing and shaping government support that ensures Canada's role
as a leading force in the global EV revolution."
The strategic consultant aims to engage experts
who can advocate for adequate government support to bolster the
growth and competitiveness of Canadian miners in the EV supply
chain. Arbor recognizes the need for strong partnerships between
the government and the mining industry to foster innovation,
exploration, and sustainable infrastructure development.
Recent press coverage emphasizes the Canadian
government's assistance for EV industry participants. With the
worldwide pivot towards green energy and decarbonization, nations
like Canada are heavily investing in the EV sector to guarantee a
sustainable future.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining
exploration company focused on developing high-value,
geographically significant mineral projects worldwide. Arbor is
paving the way for advanced mineral exploration as it oversees
world-class mining projects. The company is confident that
combining quality projects with proven strategies and a dedicated
team will yield exceptional outcomes. Arbor currently oversees
three outstanding mineral projects.
The Jarnet lithium project,
located in the James Bay region of Quebec, comprises 47
map-designated claims, covering an area of approximately 3,759
hectares. The Jarnet project is contiguous to the Corvette-FCI
property, where diamond drilling has confirmed significant lithium
mineralization, and represents one of the highest-profile lithium
exploration projects in the sector.
For further information, contact Mark Ferguson,
Chief Executive Officer, at info@arbormetals.com
or 403.852.4869, or visit the Company’s website at
www.arbormetalscorp.com.
On behalf of the
Board,
Arbor Metals
Corp.
Mark Ferguson, Chief
Executive Officer
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
This news release may contain certain
“Forward-Looking Statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When or if used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and similar words or
expressions identify forward-looking statements or information.
These forward-looking statements or information may relate to the
development of the Jarnet Lithium Project, the assessment of
samples from that Project, and other factors or information. Such
statements represent the Company’s current views with respect to
future events and are necessarily based upon a number of
assumptions and estimates that, while considered reasonable by the
Company, are inherently subject to significant business, economic,
competitive, political and social risks, contingencies and
uncertainties. Many factors, both known and unknown, could cause
results, performance, or achievements to be materially different
from the results, performance or achievements that are or may be
expressed or implied by such forward-looking statements. The
Company does not intend, and does not assume any obligation, to
update these forward-looking statements or information to reflect
changes in assumptions or changes in circumstances or any other
events affecting such statements and information other than as
required by applicable laws, rules and regulations.
CONTACT:
MRKT360 INChttps://mrkt360.comAlex
Zertuchealexz@mrkt360.comFor E.S.T Office Hours, Call 1
416-477-0587
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1ac9c34f-6084-4782-a8ec-1c2f30b35a1a
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