April 9th, 2018, Vancouver, BC, Canada – Canada Carbon (the “Company”) (CCB:TSX-V) (BRUZF:OTC) (U7N1:FF) announces that on March 29th, 2018, legal counsel for Canada Carbon and the Municipality of Grenville-sur-la-Rouge (“GSLR”) were summoned to the Court for the first time as part of the Judicial Review and Declaratory Judgment process in order to determine a schedule for legal proceedings (hereinafter the "Judicial Review").
Counsel for GSLR insisted on presenting a motion to have the judicial review dismissed on the basis that the legal filings brought by Canada Carbon were considered abusive according to sections 51 and subsequent of the Code of Civil Procedure. On this issue, the Court found that the municipality's demand was unfounded in law and refused to include it in the Court’s schedule of deadlines.
Counsel for GSLR also requested that Grenville-sur-la-Rouge be entitled to carry out a hydrogeological assessment of the Miller Project in the context of this case. On this issue, the Court held that it was not appropriate to allow Grenville-sur-la-Rouge to produce such an expert report and therefore refused that request.
After adjudicating on the two motions above, the Court set a schedule of deadlines to be met until the hearing of the judicial review.
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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).