Allkem Limited (ASX|TSX: AKE, “
Allkem” or the
“
Company”) is pleased to announce that it has
signed the Kapisikama Agreement, an Impact and Benefit Agreement
(“
IBA”) with the Grand Council of the Crees (Eeyou
Istchee), the Cree Nation Government and the Cree Nation of
Eastmain regarding the development and operation of the James Bay
Lithium Project (“
James Bay
Lithium Project” or “
the
Project”).
The James Bay Lithium Project is located in
northern Quebec, approximately 130km east of James Bay and the Cree
community of Eastmain. The Kapisikama Agreement will govern the
relationship between Allkem and the Cree Nation through a
sustainable development approach based on mutual trust and respect
during all phases of the Project. Comex approval (Quebec government
and CREE Nation) of the ESIA also remains in progress.
With a view to respecting Cree traditional
activities and ensuring the promotion of Cree economic and social
development, the Kapisikama Agreement provides for training,
employment and business opportunities for the Crees and
particularly the Crees of Eastmain at the James Bay Lithium
Project, as well as for the cooperation and involvement of the Cree
parties with Allkem in the environmental monitoring during all
phases of the Project.
The Kapisikama Agreement also ensures financial
benefits for the Cree parties on a long-term basis, consistent with
the Cree Nation Mining Policy and with Allkem’s approach to develop
the Project while ensuring the promotion of Cree economic and
social development in a mutually beneficial manner.
Managing Director and CEO, Martin Perez de Solay
said: “The Kapisikama Agreement with the Cree Nation concerning our
James Bay lithium project is a significant milestone and represents
a partnership between us that has been forged over years of
extensive discussions. We have already developed a relationship of
mutual trust and respect with Cree Nation’s representatives, and we
look forward to building and strengthening this relationship in the
years ahead.”
Chief of the Cree Nation of Eastmain, Raymond
Shanoush said: “I am proud to witness the signing of this
Kapisikama Agreement, which marks a significant milestone in
securing the rights and prosperity of the Cree Nation of Eastmain
and of our community members. The Kapisikama Agreement reflects our
determination to protect our lands, culture, and future generations
while building meaningful and sustainable partnerships respectful
of heritage and values.”
Grand Chief of the Grand Council of the Crees
(Eeyou Istchee), Mandy Gull-Masty said: “The Kapisikama Agreement
illustrates the partnership that the Crees and Allkem have forged
over the years of extensive discussions. The Kapisikama Agreement
will allow for the socio-economic development of the Cree Nation.
The signing of the Kapisikama Agreement shows once again the
commitment of the Cree Nation to be a key partner in natural
resources developments in Eeyou Istchee while protecting our
traditional way of life and the environment.”
Head of Canadian Operation, Denis Couture said:
“I would like to thank the community of Eastmain for the support of
the agreement, Brandon Moses and the Wabannutao Eeyou Development
Corporation (WEDC) team, Grand Chief Mandy Gull-Masty and Richard
Shecapio of the Cree Nation Government, Chief Raymond Shanoush and
the council of the Cree Nation of Eastmain, with special thanks to
Brian Weapenicappo and his family for the support during the
process.”
About the Grand Council of the Crees
(Eeyou Istchee)
The Grand Council of the Crees (Eeyou Istchee)
is the political body that represents the approximately 18,000
Crees or “Eeyouch” (or “Eenouch”). The Board of Directors of the
Grand Council of the Crees (Eeyou Istchee) is constituted of twenty
(20) members including: the Grand Chief and Deputy Grand Chief
elected at large by the Eeyouch, the Chiefs elected by each of the
nine (9) recognized Cree communities, and one (1) other
representative elected by each community. The head office of the
Grand Council of the Crees (Eeyou Istchee) is in the Cree community
of Nemaska. The Grand Council of the Crees (Eeyou Istchee) also has
offices in Montreal, Quebec City and Ottawa.
About the Cree Nation
Government
The Cree Nation Government (formerly the
Cree Regional Authority (“CRA”) established pursuant to the James
Bay and Northern Québec Agreement) exercises certain municipal
powers on Category II lands and is responsible for land use and
development planning, environmental protection, the hunting,
fishing and trapping regime, economic and community development,
Cree governance and other matters as decided by the Board of
Directors. The Council of the Cree Nation Government is composed of
the same representatives as the Board of Directors of the Grand
Council of the Crees (Eeyou Istchee). These two bodies often act
jointly and are commonly referred to as the “Council/Board”.
About the Cree Nation of
Eastmain
Eastmain, ᐙᐸᓅᑖᐤ/Wâpanûtâw, meaning “Lands east
of James Bay”, is located on the east coast of James Bay, on the
south shore of the Eastmain River. With a population nearing 1000,
the main economic activities of the community are its services
sectors. Eastmain is also the headquarters for the Cree Regional
Trappers Association, whose role is to support all local Cree
Trappers by maintaining the practices of their traditional
activities.
This release was authorised by Mr Martin Perez de
Solay, CEO and Managing Director of Allkem Limited.
|
Allkem LimitedABN 31 112 589 910 Level 35, 71
Eagle StBrisbane, QLD 4000 |
Investor Relations & Media EnquiriesAndrew
Barber M: +61 418 783 701 E:
Andrew.Barber@allkem.coPhoebe LeeP: +61 7 3064
3600 E: Phoebe.Lee@allkem.co |
Connect info@allkem.co+61 7 3064
3600www.allkem.co |
|
|
|
|
IMPORTANT NOTICES
This investor ASX/TSX release
(Release) has been prepared by Allkem Limited (ACN
112 589 910) (the Company or
Allkem). It contains general information about the
Company as at the date of this Release. The information in this
Release should not be considered to be comprehensive or to comprise
all of the material which a shareholder or potential investor in
the Company may require in order to determine whether to deal in
Shares of Allkem. The information in this Release is of a general
nature only and does not purport to be complete. It should be read
in conjunction with the Company’s periodic and continuous
disclosure announcements which are available at allkem.co and with
the Australian Securities Exchange (ASX)
announcements, which are available at www.asx.com.au.
This Release does not take into account the
financial situation, investment objectives, tax situation or
particular needs of any person and nothing contained in this
Release constitutes investment, legal, tax, accounting or other
advice, nor does it contain all the information which would be
required in a disclosure document or prospectus prepared in
accordance with the requirements of the Corporations Act 2001 (Cth)
(Corporations Act). Readers or recipients of this
Release should, before making any decisions in relation to their
investment or potential investment in the Company, consider the
appropriateness of the information having regard to their own
individual investment objectives and financial situation and seek
their own professional investment, legal, taxation and accounting
advice appropriate to their particular circumstances.
This Release does not constitute or form part of
any offer, invitation, solicitation or recommendation to acquire,
purchase, subscribe for, sell or otherwise dispose of, or issue,
any Shares or any other financial product. Further, this Release
does not constitute financial product, investment advice (nor tax,
accounting or legal advice) or recommendation, nor shall it or any
part of it or the fact of its distribution form the basis of, or be
relied on in connection with, any contract or investment
decision.
The distribution of this Release in other
jurisdictions outside Australia may also be restricted by law and
any restrictions should be observed. Any failure to comply with
such restrictions may constitute a violation of applicable
securities laws.
Past performance information given in this
Release is given for illustrative purposes only and should not be
relied upon as (and is not) an indication of future
performance.
Forward Looking StatementsForward-looking
statements are based on current expectations and beliefs and, by
their nature, are subject to a number of known and unknown risks
and uncertainties that could cause the actual results, performances
and achievements to differ materially from any expected future
results, performances or achievements expressed or implied by such
forward-looking statements, including but not limited to, the risk
of further changes in government regulations, policies or
legislation; the risks associated with the continued implementation
of the merger between the Company and Galaxy Resources Ltd, risks
that further funding may be required, but unavailable, for the
ongoing development of the Company’s projects; fluctuations or
decreases in commodity prices; uncertainty in the estimation,
economic viability, recoverability and processing of mineral
resources; risks associated with development of the Company
Projects; unexpected capital or operating cost increases;
uncertainty of meeting anticipated program milestones at the
Company’s Projects; risks associated with investment in publicly
listed companies, such as the Company; and risks associated with
general economic conditions.
Subject to any continuing obligation under
applicable law or relevant listing rules of the ASX, the Company
disclaims any obligation or undertaking to disseminate any updates
or revisions to any forward-looking statements in this Release to
reflect any change in expectations in relation to any
forward-looking statements or any change in events, conditions or
circumstances on which any such statements are based. Nothing in
this Release shall under any circumstances (including by reason of
this Release remaining available and not being superseded or
replaced by any other Release or publication with respect to the
subject matter of this Release), create an implication that there
has been no change in the affairs of the Company since the date of
this Release.
Not for
release or distribution
in the United StatesThis announcement has
been prepared for publication in Australia and may not be released
to U.S. wire services or distributed in the United States. This
announcement does not constitute an offer to sell, or a
solicitation of an offer to buy, securities in the United States or
any other jurisdiction, and neither this announcement or anything
attached to this announcement shall form the basis of any contract
or commitment. Any securities described in this announcement have
not been, and will not be, registered under the U.S. Securities Act
of 1933 and may not be offered or sold in the United States except
in transactions registered under the U.S. Securities Act of 1933 or
exempt from, or not subject to, the registration of the U.S.
Securities Act of 1933 and applicable U.S. state securities
laws.
Alikem (TSX:AKE)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Alikem (TSX:AKE)
Gráfica de Acción Histórica
De May 2023 a May 2024