Rogue Stone Update: On Track to Acquire Orillia in March, New Debt Financing Arranged, Private Placement Announced

  • The Orillia Quarry has been in continuous operation for more than 25 years.
  • Licensed to produce 20,000 tonnes per year.
  • Over the last 5 years the Orillia Quarry has averaged $131/tonne in Revenue and $68/tonne operating expense on 2,722 tonnes of production per year.
  • $1.8M of new Debt Financing arranged with a leading Canadian, non-bank lender.
  • Debt Financing to fund the Orillia Purchase Price and close out the inherited second mortgage on Bobcaygeon.
  • Rogue intends to raise $300,000 in Equity, through a non-brokered Private Placement
  • The acquisition remains subject to final legal due diligence by the lender, payment of the remaining Purchase Price, transfer of the license and TSXV final approval.

TORONTO, ON – Rogue Resources Inc. (TSX-V: RRS) (“Rogue” or the “Company”) is pleased to announce it is on track to acquire 100% of the Speiran Quarry (east of Orillia, Ontario), also referred to as “Orillia Quarry”, in early March. This acquisition will be Rogue’s second operating quarry in its Limestone business, referred to as “Rogue Stone”.

Rogue has paid a $25,000 advance deposit and the remaining $1,355,000 cash payment will be made, prior to closing (the “Closing”). This acquisition includes all inventory at the Orillia Quarry and on-site equipment (see further detail in the November 21, 2019 news release). The Sellers completed their seasonal wrap up of 2019 operations at the Orillia Quarry in November and Rogue Stone intends to restart production and sales soon after Closing. Similar to the Bobcaygeon Quarry, operations are a two (Bulk) or three step (Skidded) process at Orillia. First, stone is extracted by layer, using the teeth of an excavator or the forks of a loader. The second step is for the stone to be roughly shaped and then either loaded in Bulk or, further shaped and piled on a skid (Skidded). Bulk product is loaded straight onto a flatbed trailer and Skidded product incorporates loading ~2. – 3 tons of stone onto a wooden pallet, which is then placed on a flatbed trailer. Sales terms for the limestone products are straightforward, with ownership transferring at the quarry once the stone has been loaded onto the delivery trucks. Logistics to the final destination (including customs, if required) are handled by the buyers and payment terms vary from payment upon loading to a maximum of net seven days.

Rogue intends to sell the majority of Orillia production to the large buyers who signed the Intent to Purchase Agreements (“Intent Agreements”) with Rogue in 2019 (see Rogue’s August 26 and September 3, 2019 press releases). Intent Agreement signatories (“Preferred Partners”) have agreed to an annual purchase tonnage and are now converting to 2020 purchase orders with Rogue Stone. As previously reported, Rogue had Intent Agreements signed with tonnages equaling 80% of the total licensed annual production of the Bobcaygeon plus Orillia Quarries.

“Orillia will be an excellent asset to add to Rogue Stone’s portfolio, alongside Bobcaygeon”, said Sean Samson, President and CEO of Rogue. “We plan to get both quarries safely and efficiently producing and hit our stride in the stone business, ready for the spring demand.”

New Debt Financing

As previously announced, Rogue had secured a $850K term loan (the “Original Term Facility”) with a major Canadian bank, secured against the Orillia Quarry, which was appraised by a 3rd party for $5.8M (see August 12, 2019 news release). To limit equity dilution, Rogue continued to explore other options and has now agreed terms with a leading Canadian, non-bank lender (the “Credit Group”) for a $1.75M term loan (the “New Term Facility”), to be secured against Orillia and the Company’s remaining assets. Rogue now plans to proceed with the New Term Facility, instead of the Original Term Facility. The New Term Facility has a 12 month term, extendable to 18 months, with interest-only payments until the principal is due in full at maturity and is subject to an existing general security agreement with the Credit Group. The New Term Facility carries an interest rate equal to the higher of prime plus 8.05% or 12%. In addition, Rogue will issue the Credit Group bonus shares equal to 10% of the New Term Facility, priced at $0.08 per common share. Rogue plans to draw the full $1.8M at Closing and the initial monthly payment will be due 30 days from drawdown. Rogue is also exploring equipment finance options, to shift the base case of renting a majority of the required mobile fleet to lower-cost, lease arrangements.

The final structure for financing will be subject to the approval of the TSX Venture Exchange (the “TSXV”).

Private Placement

Rogue is pleased to announce it plans to issue up to 3,750,000 units of the Company (“Units”) at a price of $0.08 per Unit for aggregate gross proceeds of $300,000 (the “Unit Offering”). Each Unit will consist of one common share of Rogue (each, a “Unit Share”) and one common share purchase warrant (each, a “Warrant”) entitling the holder thereof to purchase one common share (each, a “Warrant Share”) at an exercise price of $0.20 until two year from the date of closing of the Unit Offering. Subject to TSXV approval, the Company reserves the right to increase the size of the private placement or to modify the type, nature and/or price of the units for any reason.

All Warrants issued in the Private Placement will contain an accelerator clause (the “Accelerator Clause”) whereby, if at any time the trading price of Rogue’s common shares exceeds $0.24 for a period of ten consecutive trading days, the Company may provide notice to the holders of the Warrants that such warrants will expire 30 days after the date of the notice.

The Private Placement is subject to regulatory approval, including the approval of the TSXV. Closing of the Private Placement is expected to occur on or about March 16, 2020. The proceeds of the Unit Offering will be used to help fund the limestone acquisitions and for general corporate purposes.

The Units will be offered by way of private placement in each of British Columbia, Alberta, Ontario and such other jurisdictions as the Corporation may determine. The common shares issued in connection with the Private Placement will be subject to a statutory hold period of four months plus one day from the date of completion of the Private Placement, in accordance with applicable securities legislation.

In certain instances, the Company may pay finder’s fees (“Finder’s Fees”) to eligible persons (“Finders”) on a portion of the Private Placement, consisting of a cash payment equal to 7% of gross proceeds raised from applicable subscriptions for Units and the Company may issue non-transferable finder’s warrants (“Finder’s Warrants”) in an amount up to 7% of the gross proceeds raised from applicable subscriptions. Each Finder’s Warrant will entitle the holder to acquire one additional common share of Rogue (each, a “Finder’s Warrant Share”) at a price of $0.20 until one year from the date of closing of the Unit Offering . The Finder’s Warrants will be subject to the Accelerator Clause. The payment of the Finder’s Fees and issuance of Finder’s Warrants is subject to applicable regulatory and TSXV approval.

Rogue comment regarding “Companion Policy 43-101CP, 4.2(6) – Production Decision”

The work completed on both the Bobcaygeon and Orillia Quarries is, at this stage, preliminary in nature and the limited drill data and exploration work are too speculative geologically to have economic considerations applied to them that would enable them to be categorized even as Mineral Resources. Rogue does not intend to complete a Pre-feasibility or Feasibility Study of Mineral Reserves demonstrating economic and technical viability before a decision to proceed with further investment into either quarry. Projects that are based on a production decision without a feasibility study of mineral reserves demonstrating economic and technical feasibility have increased uncertainty and economic and technical risks of failure associated with its production decision. This potential decision would be based on past production performance (and readers are warned that previous results are not an indication of future results), the results of negotiated cost estimates as well as the securing of supply contracts for the limestone products from either quarry. Among the risks associated with the quarries and with any development decision to proceed into further production and/or restarting production for next season is the possibility that the quarry will not be economically or technically viable and/or that development timetables, cost estimates and production forecasts may not be realized.

About Rogue Resources Inc.

Rogue is a mining company focused on generating positive cash flow. Not tied to any commodity, it looks at rock value and quality deposits that can withstand all stages of the commodity price cycle. The Company includes Rogue Stone-selling quarried limestone for landscape applications; Rogue Quartz- focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Québec; and Rogue Timmins with the nickel resource at Langmuir and the gold potential at Radio Hill.

Rogue is always searching for projects or mines that meet its criteria of “Grade, Stage and Jurisdiction”.

For more information visit www.rogueresources.ca.

Qualified Person

These projects will be under the direct supervision of Paul Davis, P.Geo., VP, Technical and Director of the Company and a Qualified Person (“QP”) as defined by National Instrument 43-101. The QP has approved the scientific and technical content of this release

For additional information regarding this news release please contact:

Sean Samson

+1-647-243-6581

info@rogueresources.ca

NT4

Funds approved for Indigenous heritage training in Burnaby – Burnaby Now

February 25, 2020

The City of Burnaby is looking to be a better steward of Indigenous heritage.

The community heritage commission requested $1,500 in funding from council to hire a consultant to provide members of the commission with training on “best practices for local governments on recognizing and providing stewardship for Indigenous heritage resources.”

The request emerged out of a November 2019 presentation to the commission on the Truth and Reconciliation Commission’s calls to action for local governments.

“Commissioners responded to the report by expressing interest in learning more about how the work of Truth and Reconciliation could be incorporated as part of the city’s heritage program,” reads a staff report to the heritage commission.

Read More: https://www.burnabynow.com/news/funds-approved-for-indigenous-heritage-training-in-burnaby-1.24083688

Deer Horn Launches Permitting Phase for Bulk Sample

Vancouver, BC, Canada, February 25, 2020 – Following recent financings, Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn”), announces it is finalizing contract arrangements with a BC-based, international engineering firm to manage permitting for a 10,000-tonne bulk sample at the 51.3-square-kilometer Deer Horn gold-silver-tellurium property in west-central British Columbia. The bulk sample, focused on a small, higher-grade portion of the project’s Main Vein area, is expected to provide supporting information about the known resource including grade, metallurgy, processing and mining options.

“The bulk sample marks the next key step in exploration of the Deer Horn property,” said president and CEO Tyrone Docherty. “Work to date has continually produced positive results, and we’re very encouraged about the plans for 2020. We believe this step will give us the information needed to move to pre-feasibility for the mine plan outlined in the PEA.”

Deer Horn is a gold-silver-tellurium property with an NI 43-101 compliant tellurium resource of high-grade gold, silver and tellurium. Exploration to date has outlined several key mineral zones across a 2.4-kilometer strike length that remain open for expansion in three directions. A 2018 Technical Report and Preliminary Economic Assessment (PEA), calculated on only 20% of the known mineralized zone, generated positive results for a small-scale, open-pit operation based on prices of $1,300 for gold, $17 for silver and $100 per kg for tellurium. The bulk sample is intended to reinforce key data points and assumptions from the PEA.

The PEA Technical Report may be viewed here on Deer Horn’s website.

“Our objective and strategy is to launch production at Deer Horn with a small operation that requires far less capital, time, permitting and infrastructure,” said Docherty. “Looking long-term, we want to prove viability and expand our resource base, especially on the remaining portion of the known mineralization. It’s important to note that the current resource has only been explored to a depth of 200 feet, where it remains open.”

About Deer Horn Capital

Deer Horn Capital’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in First Nations territory with sustainable exploration.

Our polymetallic Deer Horn Project in British Columbia anchors a diversified search for metals, working in alliance with First Nations, NGOs, governments and leading metals buyers. We believe this is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

On behalf of the board of directors of
Deer Horn Capital Inc.

“Tyrone Docherty”
________________________________
Tyrone Docherty
President and CEO

For further information please contact:
Tyrone Docherty
604.789.5653
tyrone@deerhorncapital.ca

NT4

Indigenous youth and allies re-occupy B.C. Legislature steps overnight in spite of injunction – The Martlet

Group plans to stay until Premier John Horgan meets with Wet’suwet’en hereditary chiefs

The B.C. Legislative building was awash with red on the evening of Feb. 24 as about 400 Indigenous youth and allies returned to the steps of the B.C. Legislature, in solidarity with the Wet’suwet’en hereditary chiefs opposed to the Coastal GasLink pipeline. A red spotlight was cast on to the front of the legislature and red fabric was draped over lamp posts and railings, to bring attention to the missing and murdered Indigenous women and girls.

This comes nearly two weeks after the group’s previous six-day occupation of the legislature ended.

On Feb. 11, around 1000 Indigenous youth and allies blockaded all entrances to the legislature ahead of the Speech to the Throne. Due to the blockade, the first sitting of the spring session was cancelled, four minor injuries were reported, and many MLAs, staff, and media were temporarily prevented from entering. The scheduled ceremony for the Lieutenant Governor was cancelled, and she was forced to sneak in through an alternative entrance instead.

Read More: https://www.martlet.ca/indigenous-youth-and-allies-re-occupy-b-c-legislature-steps-overnight-in-spite-of-injunction/

Vancouver Art Gallery Launches Its Spring Season With Shuvinai Ashoona: Mapping Worlds, The Artist’s First Museum Exhibition in Western Canada

Also opening this spring, lineages and land bases explores the role of art in representing place highlighting a study on the connection between Emily Carr and Sophie Frank (Sḵwxwú7mesh)̱

Members of the media are invited to a preview of Shuvinai Ashoona: Mapping Worlds and lineages and land bases on Thursday, February 20, 2020, 9:00 AM at the Vancouver Art Gallery.

RSVP directly to Irene Lo (ilo@vanartgallery.bc.ca)

January 22, 2020, Vancouver, BC – The Vancouver Art Gallery presents two noteworthy exhibitions as part of its 2020 spring season line-up. Shuvinai Ashoona: Mapping Worlds features pencil crayon and ink drawings produced by Shuvinai Ashoona, the celebrated Inuk artist, over the past two decades, on view from February 22 to May 24, 2020. This is Shuvinai Ashoona’s first museum exhibition in Western Canada. lineages and land bases on view from February 22 to May 18, 2020

presents over 80 works including Sophie Frank’s Sḵwxwú7mesẖ (Squamish) basketry and Emily Carr’s late landscape paintings alongside artworks from the Gallery’s permanent collection made since the 1960s to the present in order to explore ideas of subjectivity and personhood in relation to the natural world.

Shuvinai Ashoona: Mapping Worlds

February 22 to May 24, 2020

The exhibition brings together a selection of 36 works on paper produced by Shuvinai Ashoona over the past two decades. Celebrated for her highly personal and imaginative iconography that combines earthly and extraterrestrial realms, Mapping Worlds is a vital representation of this third-generation Inuk artist’s work.

Ashoona’s drawings in ink, graphite and coloured pencils demonstrate her wide-ranging interests in narratives that blur the boundaries between reality and fantasy, past and future. Influenced by her environment and fed by her fascination with horror films, comic books and television, Ashoona references traditional Inuit iconography from everyday life to the mythic; offering strange and fantastical visions that evoke altered states of mind.

Ashoona’s work speaks to anxieties about the future related to resource extraction and our fears of the unknown, the monstrous and the “other,” yet her artwork does not depict humans in opposition to the otherworldly. Her brightly coloured drawings teem with life, and while the Inuit community occasionally clashes with the artist’s creatures, more often than not they co-exist harmoniously. Ashoona’s work has become a vision for dialogue on the effects of climate change in the northern hemisphere, the role popular culture plays in Arctic communities and the ways in which Inuit art and artists are represented within Canada and abroad.

“Shuvinai Ashoona’s fantastical drawings bridge the reality of life in the North with a boldly imaginative vision,” stated Daina Augaitis, Interim Director of the Vancouver Art Gallery. “Ashoona is of a generation of artists who have helped to alter expectations of Inuit art. By breaking with forms of representation adopted by previous generations, her works respond to the complicated impact of a century of colonial influence in the Arctic and challenge stereotypes about life in the North.”

Ashoona was born in Kinngait (Cape Dorset), Nunavut, in 1961 and has worked and lived on the southern tip of Baffin Island for most of her life. Although not formally trained as an artist, her drawings are part of a lineage of artistic practice beginning with her grandmother Pitseolak Ashoona (1908–1983) and continued by her first cousin Annie Pootoogook (1969–2016). She began drawing in 1996 and was first included in the Cape Dorset annual print collection in 1997. Since then, Ashoona has worked regularly at Kinngait Studios, which was incorporated in 1959 as the West Baffin Eskimo Co-operative and is the longest-running art cooperative in the Canadian Arctic.

Shuvinai Ashoona: Mapping Worlds is organized and circulated by the Power Plant Contemporary Art Gallery, Toronto. The exhibition is curated by Nancy Campbell, PhD, with assistance from Justine Kohleal, Assistant Curator, The Power Plant Contemporary Art Gallery. A catalogue will be published by the Power Plant Gallery (tentative release: May 2020).

Public Programs:

Lecture: Nancy Campbell on Shuvinai Ashoona
February 22 | 11 AM
Room 4East, In the Gallery
Free for Gallery Members or with admission. Registration is required.
Register today at vanartgallery.bc.ca/events.

Described Tour
March 28 | 10:45 AM
2nd Floor, In the Gallery

This program is designed for people of all ages who are blind and partially sighted. Capacity is limited. Registration is required.

To register, please contact the Group Bookings Coordinator at 604.662.4717 or at mailto:groupbookings@vanartgallery.bc.ca to register.

lineages and land bases
February 24 to May 18, 2020

At its core, lineages and land bases presents a new perspective on the work and lives of Sophie Frank and Emily Carr, two women artists important to BC’s history. The exhibition explores differing ideas of selfhood and its relation to the natural world, revealing how worldviews are informed by culture, history and experience. By urging us to think anew about identity and its ties to the non-human world, lineages and land bases offers a deeper understanding of Sḵwxwú7mesẖ

(Squamish) basketry through the work of Frank and her contemporaries, and its connections with Carr’s late landscape paintings (after 1934). Carr’s watercolour portrait, Sophie Frank (1914) will be displayed alongside Carr’s writings and Frank’s letters to Carr; a small selection of Carr’s paintings and ceramics with First Nations content; a weaving by contemporary Sḵwxwú7mesẖ (Squamish) artist Tracy Williams (Sesymiya); and an audio recording of Frank’s great-grandnephew, Chief Bill Williams.

lineages and land bases extends its exploration of nature and culture through contemporary artists that sought new ways to represent their relation to the world around them. More than 80 works drawn from the Gallery’s collection will feature works in diverse media from painting to installation. Artists include Kenojuak Ashevak, Carl Beam, Karin Bubaš, Edward Burtynsky, Robert Davidson, Patricia Deadman, Christos Dikeakos, Michael Drebert, Julie Duschenes, Lorraine Gilbert, Jochen Gerz, Brian Jungen, Zacharias Kunuk, Mike MacDonald, Landon Mackenzie, Liz Magor, Al McWilliams, Marian Penner Bancroft, Ed Pien, Bill Reid, Arnold Shives, Simon Tookoome, Jeff Wall, Jin-me Yoon and Lawrence Paul Yuxweluptun.

Public Programs:

Curator’s Tour: Tarah Hogue

March 3 | 7 PM

2nd Floor, In the Gallery

Free for Gallery Members or with admission.

Panel Discussion: Chief Bill Williams and Dr. Kristina Huneault with Tarah Hogue March 14 | 3 PM

Room 4East, In the Gallery

Free for Gallery Members and local First Nations or with admission.

More information about this panel to come. Please visit https://etickets.vanartgallery.bc.ca/events

The Vancouver Art Gallery is grateful to its exhibition supporters and sponsors:

The exhibition and tour of Shuvinai Ashoona: Mapping Worlds are supported by The TD Ready Commitment, Major Donors The Schreiber Sisters, Anonymous, Canada Council for the Arts and Ontario Arts Council

Shuvinai Ashoona: Mapping Worlds is generously supported by: Gary R. Bell

lineages and land bases is organized by the Vancouver Art Gallery and curated by Tarah Hogue,

Senior Curatorial Fellow, Indigenous Art, with Sḵwxwú7mesẖ advisors Chief Bill Williams and Tracy Williams.

-30-

IMAGES ARE AVAILABLE UPON REQUEST

MEDIA CONTACT

Irene Lo, Communications Specialist

ilo@vanartgallery.bc.ca, ph: 604.662.4700 ext. 2416 or 604.306.1015

NT5

What the Delgamuukw decision didn’t do – Business in Vancouver

February 25, 2020

As protests in support of Wet’suwet’en hereditary chiefs opposed to the Coastal GasLink pipeline continue to rage across the country, a number of Wet’suwet’en and their supporters have pointed to the landmark Delgamuukw decision to support their position

That position is that the hereditary chiefs are the rightful title-holders of traditional land, and that only they can make decisions about what happens on that land. They cite the landmark Supreme Court of Canada Delgamuukw decision as affirming Wet’suwet’en title.

Except it didn’t.

“There are people who are saying that the Delgamuukw decision affirms Gitxsan and Wet’suwet’en title, and that is not correct,” said Geoff Plant, former B.C. attorney general, treaty minister and lawyer for the Crown in the original Delgamuukw trial.

“It affirmed that title exists in law but said that the Wet’suwet’en and Gitxsan would essentially need to start all over with a new trial.”

Read More: https://biv.com/article/2020/02/what-delgamuukw-decision-didnt-do

Celebrating the role B.C.’s colleges play in student success

Feb. 25, 2020

VICTORIA – BC Colleges and the Province are celebrating the fourth-annual BC Colleges Day, honouring the educators, staff, boards and administrators who are valued parts of the public post-secondary ecosystem.

“The vital role of public colleges is felt across British Columbia,” said Melanie Mark, Minister of Advanced Education, Skills and Training. “Colleges are creating economic opportunities and employment in every corner of the province and are leading the way by delivering dynamic and diverse academic, trades and vocational programs close to home. Through applied research and technical innovation, they are building the foundations of a thriving and successful B.C.”

Presidents of the 10 members of the BC Colleges association gathered in Victoria to recognize the accomplishments of their students. For more than 50 years, B.C.’s 11 colleges have been vital community hubs throughout the province. These colleges deliver over 250 programs to more than 125,000 students annually through campuses and learning centres in 60 communities.

“Colleges serve people and communities throughout B.C. with a wide range of programs,” said Sherri Bell, chair of BC Colleges and president of Camosun College. “BC Colleges Day celebrates the life-changing education and training that is helping create, build and maintain a thriving, healthy and vibrant British Columbia.”

Indigenous students account for about 10% of the student population in the college system. At the 10 colleges in the BC Colleges association, there were 10,720 learners self-identified as Indigenous in the 2017-18 academic year, according to the ministry’s central data warehouse.

“British Columbia’s colleges are working in collaboration with Indigenous leaders and students, governments, industry, communities and other partners to deliver on the UN Declaration on the Rights of Indigenous Peoples and the Truth and Reconciliation Commission’s Calls to Action for education and training,” Bell said. “Colleges are implementing programs and services to support true and lasting reconciliation.”

In every corner of the province, there are stories of student success made possible by studying at B.C.’s colleges. As part of this year’s BC Colleges Day celebrations, some of these successes have been captured in a handbook. Read more online: https://www.bccolleges.ca/news/posts/bc-colleges-day-2020

“I always tell people to write down what they want for their own life,” said Holly West, a member of the Takla Lake First Nation and recent College of New Caledonia (CNC) graduate in accounting and finance. “In the end, you have to ask yourself what you want to change and what you want to get out of that. I found many answers to those questions at CNC.”

The recently released Good Jobs Guide notes that 77% of the 860,000 jobs expected in the next decade will require post-secondary education. To make post-secondary education more accessible and affordable for B.C. students, Budget 2020 provides $24 million over three years for the new B.C. Access Grant. Over 40,000 low- to middle-income students will be eligible for up-front grants of up to $4,000 starting in September 2020.

Learn More:

BC Colleges is an association representing 10 of the 11 public post-secondary colleges in the province: http://www.bccolleges.ca

Contacts:

Jennifer Fernandes
Ministry of Advanced Education, Skills and Training
jennifer.fernandes@gov.bc.ca
250 952-6400

Lori Elder
BC Colleges
lori@bccolleges.ca
250 812-8209

Connect with the Province of B.C. at: news.gov.bc.ca/connect

NT5

What the Record Shows: Wetʼsuwetʼen, Coastal GasLink and the BC EAO – BOE Report

February 25, 2020

As we’re forced further into our ideological identities, as either ‘for’ or ‘against’ the Coastal GasLink Project, I think it’s important we take a look back at the regulatory record to see how we may have gotten to where we are; to see what has been submitted by Office of the Hereditary Chiefs of the Wetʼsuwetʼen, Coastal GasLink (CGL) and the BC Environmental Assessment Office (EAO).

Optimistically, the increased attention to this project could result in meaningful discussions with Office of the Hereditary Chiefs of the Wetʼsuwetʼen. Pessimistically, we’ll be trampled deeper into our group-think corners where the ability to communicate effectively with the other side feels incredibly futile (and possibly traitorous to those standing next to you, growling, “how dare you”). When all is said and done, we can just hope this becomes one piece to the reconciliation puzzle.

Read More: https://boereport.com/2020/02/25/what-the-record-shows-wet%CA%BCsuwet%CA%BCen-coastal-gaslink-and-the-bc-eao/

The climate risk calculus of Teck’s cancellation of Frontier – Alaska Highway News

February 25, 2020

Teck Resources stock fell 5% Monday morning, following Sunday night’s announcement that the Vancouver-headquartered mining company was pulling the plug on its $20 billion Frontier oil sands project.

By the end of the day, the Vancouver company’s stock had recovered somewhat. But Canada’s stock as a place to invest in fossil fuel projects may have a harder time recovering.

Sunday night, Teck CEO Don Lindsay released a letter to federal Environment Minister Jonathan Wilkinson, announcing his company was withdrawing its Frontier oil sands project in Alberta from the federal environmental assessment process.

That saves Wilkinson and the Trudeau government from a decision that would have angered half of the country, regardless of whether it approved it or rejected the project.

Read More: https://www.alaskahighwaynews.ca/business/the-climate-risk-calculus-of-teck-s-cancellation-of-frontier-1.24083536

Robert Jago on First Nations Resistance and Where It Leads – TheTyee.ca

The Indigenous writer on ‘alarmist’ coverage of today’s protests, and Canada’s past blockades to preserve colonialism.

Here we go again.

In the latest collision between First Nations rights and government/industry agendas, both politicians and the mainstream media are creating contempt for the Indigenous community.

Wittingly or unwittingly, they have managed to turn the resistance of Wet’suwet’en hereditary chiefs and their supporters against an unwanted pipeline through their territory into a cautionary tale about imperiling the economy.

The result?

The old stereotypes are in the air again, as they were in the Idle No More protests in Ottawa during Stephen Harper’s government. First Nations as malcontents, who always have their hand out and are never satisfied with what they get. Those biases threaten to obscure the heart of the matter yet again.

Read More: https://thetyee.ca/Analysis/2020/02/25/Robert-Jango-Is-Canadas-Most-Dangerous-Blogger/

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