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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lions Gate Metals Inc. | TSXV:LGM | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") continues to work with the Wet'suwet'en Hereditary Chiefs to implement the terms of the Memorandum of Understanding signed between LGM and the Office of the Wet'suwet'en on August 11, 2009. LGM understands that there are unresolved issues of political representation and jurisdiction between the Wet'suwet'en Hereditary Chiefs and a particular house group within the Wet'suwet'en Nation. This issue was raised on April 6, 2010 by a number of individuals who attended the site of planned exploration activities at the Company's Poplar Property. Pending resolution of this internal dispute Lions Gate has put its proposed activities on hold. Lions Gate has an ongoing positive relationship with the Wet'suwet'en, stemming from the Memorandum of Understanding, and will continue to apply this progressive approach throughout the development of the Poplar Property. "Our Company will make every effort to involve all local First Nations interests and address concerns in a positive manner throughout every stage of development," said Blair McIntyre, Lions Gate Metals' Director of Operations. "Lions Gate Metals will respect the internal discussions between the Wet'suwet'en Hereditary Chiefs and this group, and allow these discussions to continue without our interference. We view the Poplar Project as a viable and long-term opportunity for First Nations, local communities and our Company," concluded McIntyre. About Lions Gate Metals Lions Gate is a Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage mineral projects. The Company maintains key priorities of social and environmental sustainability as demonstrated in its statement on Corporate and Environmental Responsibility found at: www.lionsgatemetals.com/corporate/environmental-social-responsiblities Sincerely on behalf of the Board of Directors, Arni Johannson, CEO and Chairman of the Board Lions Gate Metals Inc.
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