Canada Carbon Provides Update on Quebec Administrative Tribunal ("QAT")
June 13 2018 - 12:17PM
Canada Carbon (the "Company") (TSX-V:CCB)
(OTC:BRUZF) (FF:U7N1) announces that yesterday a pre-hearing
conference call was held with Judge Gilles Reny of the Quebec
Administrative Tribunal (the “QAT”) along with counsel for the
CPTAQ and GSLR.
Ms. Isabelle Ouellet, in-house counsel for the
Agriculture Land Protection Commission (“CPTAQ”), stated that she
intends to file a motion on or before June 22nd, 2018 to dismiss
Canada Carbon’s application for review before the QAT. We
expect that the motion will be based on the premise that the CPTAQ
did not render a "decision" when it closed its review of CCB’s file
for administrative reasons.
R. Bruce Duncan, CEO and Director of Canada
Carbon, commented, "It is hard to understand how the CPTAQ can take
the position that they never rendered a decision when they chose to
ignore two previous certificates of conformity signed by an officer
of Grenville-sur-la-Rouge and then chose to administratively close
the CCB file based on a statement of non-conformity in the form of
a resolution from the current Council of
Grenville-sur-la-Rouge."
The Company obviously intends to vigorously
contest the motion which will be heard on September 5th, 2018.
CANADA CARBON INC.
“R. BRUCE DUNCAN”
CEO and Director
Contact InformationE-mail
inquiries: info@canadacarbon.comP: (604) 685-6375F: (604)
909-1163www.canadacarbon.com
“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).
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