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Aurcrest Gold Announces Signing of Agreement between Big Tree Carbon and Agoke Development LP to Develop Forest Carbon Offset Project

Aurcrest Gold Announces Signing of Agreement between Big Tree Carbon and Agoke Development LP to Develop Forest Carbon Offset Project

Aurcrest Gold宣佈與Big Tree Carbon和Agoke Development LP簽署開發森林碳抵消項目的協議
Accesswire ·  2021/11/08 20:06

TORONTO, ON / ACCESSWIRE / November 8, 2021 / AurCrest Gold Inc. (the "Company" or "AurCrest") (TSXV:AGO) is pleased to announce that its wholly-owned subsidiary, Big Tree Carbon Corp. ("Big Tree") (see the Company's Press Release dated April 19, 2021), has signed an Emission Reduction Benefit Management Agreement (the "ERB Agreement") with the Agoke Development Limited Partnership. ("ADLP") to design and implement a Forest Carbon Offset Project that will create marketable Carbon Credits for the new carbon offset credit market.

多倫多,on/ACCESSWIRE/2021年11月8日/AurCrest Gold Inc.(The“The”)公司“或”AurCrest") (TSXV:Ago)欣然宣佈其全資子公司Big Tree Carbon Corp.(“大樹)(見本公司日期為2021年4月19日的新聞稿),已簽署減排效益管理協議(再培訓局協議“)與Agoke Development Limited Partnership合作。ADLP“)設計和實施森林碳抵消項目,為新的碳抵消信用市場創造可銷售的碳信用。

After many months of negotiation, AurCrest has agreed to partner with ADLP to bring 974,000 hectares of potential carbon offsetting to market in a larger 1,028,496 hectare forest (the "Ogoki Forest"). ADC is the general partner of a limited partnership comprising the Aroland First Nation, the Eabametoong First Nation and the Marten Falls First Nation within whose traditional territories the Ogoki Forest is located. Pursuant to the terms of the ERB Agreement, Big Tree will assist ADLP in designing and financing this project and AurCrest, on behalf of Big Tree, will utilize the capital market expertise in our Company to bring growth and access to capital on behalf of the partners.

經過幾個月的談判,AurCrest已經同意與ADLP合作,將97.4萬公頃潛在的碳抵消帶到一個更大的1028496公頃的森林(TheOgoki森林ADC是由Aroland First Nation、Eabametong First Nation和Marten Falls First Nation組成的有限合夥企業的普通合夥人,Ogoki森林位於Aroland First Nation、Eabametong First Nation和Marten Falls First Nation的傳統領地。根據ERB協議的條款,Big Tree將協助ADLP設計和資助該項目,AurCrest將代表Big Tree利用我們公司的資本市場專業知識為合作伙伴帶來增長和獲得資本。

Christopher Angeconeb, AurCrest President and CEO stated "As a member of the Lac Seul First Nation, I am very pleased that ADLP has moved forward with AurCrest through this Company's model of participation and inclusion with our First Nations neighbour communities, to turn the historical role of indigenous people as stewards of the land into a modern model of indigenous-led environmental and community sustainability. I am very pleased that AurCrest is the first publicly traded company in Canada to be able to pursue this carbon sequestration opportunity. I am also proud that the Company's model represents a holistic approach to economic and resource development, as a partnership between indigenous and non-indigenous peoples of Canada, for the mutual benefit of all for generations to come."

AurCrest總裁兼首席執行官Christopher Angeconeb表示:“作為Lac Seul First Nation的一員,我非常高興ADLP通過本公司與First Nation鄰居社區的參與和包容模式,推動AurCrest的發展,將土著人民作為土地管家的歷史角色轉變為土著主導的環境和社區可持續發展的現代模式。我非常高興AurCrest成為加拿大第一家能夠利用這一碳封存機會的上市公司。我還感到自豪的是,作為加拿大土著和非土著人民之間的夥伴關係,該公司的模式代表了一種全面的經濟和資源開發方法,以造福於世世代代的所有人。“

It is part of AurCrest's mandate to assist under clause 92 of the Truth and Reconciliation Commission of Canada: Calls to Action (the "TRC Report") and particularly clause 92.ii. of the TRC Report to ensure "that Aboriginal peoples have equitable access to jobs, training, and education opportunities in the corporate sector, and that Aboriginal communities gain long-term sustainable benefits from economic development projects."

這是AurCrest根據第92條提供協助的任務的一部分加拿大真相與和解委員會:行動號召(“TRC報告),特別是真相與和解委員會報告的第92.ii.條,以確保“土著人民在企業部門享有平等的就業、培訓和教育機會,並確保土著社區從經濟發展項目中獲得長期可持續的利益”。

As outlined in the Company's Press Release dated May 25, 2020, AurCrest has been acting as a partnership bridge to connect capital markets with Forest Carbon Offset opportunities amongst indigenous communities since 2019. AurCrest has a long-standing relationship with First Nations in northern Ontario resulting in the appointment of Chris Angeconeb, a member of the Lac Seul First Nation, as President and CEO in March 2017, and the subsequent appointment of two prominent First Nations members to the Company's Board of Directors, Stan Beardy and Alex Carpenter.

正如本公司日期為2020年5月25日的新聞稿所概述的那樣,AurCrest自2019年以來一直充當連接資本市場與土著社區之間森林碳抵消機會的合作橋樑。AurCrest與安大略省北部的First Nations有着長期的合作關係,導致Lac Seul First Nation的成員Chris Angeconeb於2017年3月被任命為總裁兼首席執行官,隨後又任命了兩名著名的First National成員斯坦·比爾迪(Stan Beardy)和亞歷克斯·卡朋特(Alex Carpenter)進入公司董事會。

The benefits derived from the monetization of the carbon credits, net of expenses, will be split as to 75% to ADLP and 25% to Big Tree. The ERB Agreement has an initial term of five years commencing from the date the first emission reduction benefits available for sale are generated by the project. At the end of the initial five year term, ADLP can purchase the 25% interest for fair market value. If the interest is not purchased at the end of the initial five years, the ERB Agreement continues for a further five years after which time the 25% interest held by Big Tree will be relinquished to ADLP.

從碳信用的貨幣化中獲得的收益(扣除費用)將被分配給ADLP 75%和Big Tree 25%。僱員再培訓局協議的初步期限為五年,由該項目產生首批可供出售的減排效益之日起計。在最初的五年期限結束時,ADLP可以公平市價購買25%的權益。如果在最初五年結束時仍未購買權益,再培訓局協議將繼續五年,之後大樹持有的25%權益將讓給ADLP。

Big Tree would also like to invite our shareholders to visit the Empire Club of Canada (www.empireclubofcanada.com) and join us on December 9th when we celebrate former AFN National Chief Perry Bellegarde with the Empire Club's annual award of the Nation Builder of the Year. It is Big Tree's honour to be a lead sponsor in this event.

Big Tree還邀請我們的股東訪問加拿大帝國俱樂部(www.empireclubofcanada.com),並在12月9日與我們一起慶祝前AFN全國首席執行官Perry Bellegarde獲得帝國俱樂部年度最佳國家建設者獎。大樹公司很榮幸能成為本次活動的主要贊助商。

ABOUT AURCREST GOLD INC.

AURCREST黃金公司簡介

AurCrest is a mineral exploration company focused on the acquisition, exploration, and development of gold properties. AurCrest has a portfolio of properties in Ontario, which include the Richardson Lake, Ranger Lake and Bridget Lake gold properties.

AurCrest是一家專注於收購、勘探和開發金礦的礦產勘探公司。AurCrest在安大略省擁有一系列物業,其中包括理查森湖(Richardson Lake)、遊騎兵湖(Ranger Lake)和布里奇特湖(Bridget Lake)黃金物業。

FOR FURTHER INFORMATION PLEASE CONTACT:

如需更多信息,請聯繫:

AurCrest Gold Inc.

AurCrest Gold Inc.

Christopher Angeconeb
President and C.E.O.
(807) 737-5353
christopherangeconeb@gmail.com

克里斯托弗·安吉科內布總裁兼首席執行官。(807) 737-5353郵箱:christopherangeconeb@gmail.com

Ian Brodie-Brown
Director of Business Development
(416) 844-9969
bigtree007@icloud.com

伊恩·布羅迪-布朗業務發展總監(416) 844-9969郵箱:bigtree007@icLoud.com

Forward Looking Statement:

前瞻性陳述:

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. AurCrest undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

本文中包含的一些陳述可能是前瞻性陳述,涉及已知和未知的風險和不確定性。但不限於,有關公司潛在礦化和資源、勘探結果以及未來計劃和目標的陳述均為前瞻性陳述,涉及各種風險。以下是可能導致公司的實際結果與這些前瞻性陳述所表達或暗示的結果大不相同的重要因素:全球礦產商品價格的變化、總體市場狀況、礦產勘探的固有風險、與開發、建設和採礦業務相關的風險、未來盈利能力的不確定性以及獲得額外資本的不確定性。不能保證前瞻性陳述將被證明是準確的,因為實際結果和未來事件可能與此類陳述中預期的大不相同。如果情況或管理層的估計或意見發生變化,AurCrest不承擔更新此類前瞻性陳述的義務。提醒讀者不要過度依賴這種前瞻性陳述。

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

SOURCE: AurCrest Gold Inc.

資料來源:AurCrest Gold Inc.


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