ZEN Graphene deepens cooperation with First Nations at Albany
(Kitco News) - ZEN Graphene Solutions (TSXV:ZEN) today announced further steps in collaboration with Constance Lake First Nation (CLFN) led by Chief Rick Allen.
According to the company’s statement, pursuant to the July 13, 2011, Exploration Agreement, the July 19, 2018, Memorandum of Understanding and subsequent September 24, 2018 amendment, both parties have now signed an Implementation Agreement (IA).
Zen Graphene said that the IA sets out the governance, roles, responsibilities, and activities for establishing the Project Partnership Structure (PPS) to advance the Albany graphite development and the relationship between ZEN and CLFN. The PPS will establish a framework and describe a structure to govern the long-term partnership between CLFN and ZEN to advance Albany.
The company added that the IA represents an opportunity to accelerate the development of the globally unique Albany graphite deposit.
ZEN is a next-gen nanomaterials technology company developing graphene-based technologies that help protect people and the environment. Additionally, the company owns the unique Albany graphite project, located in Ontario, Canada, which provides the company with a potential competitive advantage in the graphene market.