Canada Carbon Provides Legal Update on Judicial Review and Appeal
April 01 2019 - 9:14AM
Canada Carbon Inc. (the “Company”) (TSX-V: CCB)
announces that on March 1, 2019 the attorneys for Canada Carbon
sent a proposal to GSLR's attorneys that would reduce the length of
the Judicial review hearing related to GSLR council's resolution of
noncompliance of the Miller Project. The proposal requested receipt
of GSLR legal counsel’s position by noon on March 12th, 2019 so
that a joint proposal could be submitted to the Superior Court in
order for the Court to determine the length of the trial and to set
the date of the hearing. As of today, we are still waiting for
their official position.
On March 21st, 2019, counsel for both GSLR and
the Company were present in front of Judge Robert Castiglio, at
which time GSLR’s counsel was asked to explain why there was no
response since March 1, 2019 regarding the trial schedule for the
Judicial review. No satisfactory explanation was provided to the
Court.
The Judge pronounced an order of the court saying that:
- The debate to fix the duration of the trial is postponed
to April 5th, 2019 and;
- That Mr. Fortin (counsel for GSLR) will have to be present on
April 5th, 2019, in order to present his position on Canada
Carbon’s proposal.
On April 5th, once the parties settle the debate on the duration
of the trial, the Judge may either:
- immediately fix the date of trial; or,
- postpone the fixing of the trial date to May
1st, 2019, at which time all cases with a duration of more
than 3 days will be assigned in the court schedule.
It is Canada Carbon’s desire to have the date of
trial fixed on April 5th, 2019, as the Judicial review is an urgent
matter and should be heard as a priority.
Canada Carbon CEO and Director R. Bruce Duncan
said, "The Municipality continues to delay the finalization of the
judicial review file and to take all kinds of procedural liberties
for the sole purpose of delaying the hearing. However, the file is
now complete and a trial date will be fixed shortly, which will
finally force the Municipality to defend its position in
court.”
Appeal of the Turcotte
JudgmentMoreover, it will be recalled that on November 9,
2018, Judge Turcotte of the Quebec Superior Court dismissed GSLR's
request to have the Company's claim for damages declared to be
abusive. The Judge had concluded that the Corporation’s action did
not present any of the characteristics of a SLAPP action. GSLR
presented a motion for permission to appeal this judgment before
the Quebec Court of Appeal which was granted. This file is now
complete and the arguments will be heard on May 17, 2019 at the
Court of Appeal in Montreal.
CANADA CARBON INC. “R. Bruce Duncan”
CEO and Director
Contact InformationE-mail
inquiries: info@canadacarbon.comP: (604) 685-6375F: (604)
909-1163
“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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