News

Maritime Iron Enters into LOI with Mi’gmaq Communities and MTI

Toronto, Ontario (April 25, 2019) – Maritime Iron Inc. (“Maritime Iron” or the “Company”) a privately-owned Canadian development company advancing a merchant pig iron production facility in New Brunswick, Canada, is pleased to announce that it has entered into a Letter of Intent with the Mi’gmaq communities of Oinpegitjoig (Pabineau First Nation), Ugpi’ganjig (Eel River Bar) (the “First Nation Communities”) and Mi’gmawe’l Tplu’taqnn Inc (“MTI”).

The purpose of the Letter of Intent is to assist in the development of a framework for several agreements and understandings to be undertaken between the parties.

“Maritime Iron has continued to build a strong relationship with MTI and the Chief’s and Staff of the First Nation Communities. We have held numerous meetings over the past two years which has led us to this point.” said Greg McKenzie, Chairman and CEO of Maritime Iron. “Maritime Iron will continue to approach consultation with an open mind and conduct our business with integrity while dealing in good faith with First Nations.  Maritime Iron’s approach to consultation is undertaken in a spirit of mutual respect and trust.”

The parties have agreed that the ‘Relationship, Engagement and Consultation Protocol’ signed by the Belledune Port Authority, First Nation Communities, and MTI on May 31, 2018 will guide and direct the activities of the parties.  The Belledune Port Authority has delegated their authority under the protocol agreement to Maritime Iron.

 

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For additional details see www.maritimeiron.com or email contact@maritimeiron.ca.