- Lion presented its project plans and has been sensitized with regards to local expectations, sensitivities and requirements
- Local people voiced their hopes in terms of the positive impacts of the project
- Individuals specifically affected by the project, including landowners and those who use project lands discussed requirements in terms of their continued access and use and, where relevant, rental and future rehabilitation by Lion
- A framework for community support was agreed including:
- Support and improvement to local education and health services
- Support to expanding availability of potable water and sanitary facilities
- Sponsorship of cultural and sporting events
- Maintenance of tracks and trails used by the local population in the project area
- Provision of employment and training
- Use of local suppliers
- A framework for dispute resolution was also agreed to.
These meetings resulted in the local communities and their leaders committing their full support for LION and the Ambato-Arana project.
About
The 3 forty-year renewable mining exploitation licenses that comprise the Project total 4,375 hectares (10,811 acres) are located in the vicinity of Andasibe in
General Corporate Matters
The Company would also like to announce it has reset 2.5 million incentive stock options that expired
Further information about Global Li-Ion is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website, www.globalli-iongraphite.com.
For Further information about the Company, please contact:
Director & Officer
Telephone 604.608.6314
Email: info@liongraphite.com
Neither the Canadian Securities Exchange nor its regulation services provider have reviewed or accept responsibility for the adequacy or accuracy of this press release.
Forward-Looking Information:
This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “intend”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company's Management's Discussion and Analysis under the Company's profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
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