Business
Rogue Update: Quebec Refuses Silicon Ridge Application
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Rogue ha...
About this update from Clean Energy Transition Inc.
[{"type":"text","content":"Rogue Update: Quebec Refuses Silicon Ridge ApplicationNOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICESRogue has received a formal refusal from Québec's Ministère des Forêts, de la Faune et des Parcs (\"MFFP\") regarding the permit application for the Company's Silicon Ridge ProjectAfter 6 years of investment, based on the continued perceived support and explicit signoffs along the way, the Company will now pivot to seek fair compensation of its investment, the project value, and other damagesTORONTO, ON / ACCESSWIRE / April 1, 2021 / Rogue Resources Inc. (TSXV:RRS) (\"Rogue\" or the \"Company\") is deeply disappointed to announce that the Province of Québec has chosen to refuse the permit process attempting to advance its 100% owned Silicon Ridge Project (\"Project\"), located approximately 42 kilometres (\"km\") north of Baie-Saint-Paul, Québec, and 4 km northeast of Sitec's operating silica mine.The Silicon Ridge Project represented an opportunity for the development of a quarrying operation with limited environmental impacts, operating within an area that currently supports active quarrying operations co-existing with the local wildlife. The Company designed its project to minimize the impacts on the wildlife and other stakeholders within the region. The local community was supportive of the Project for jobs (see News Release dated March 27, 2017) and Québec-based buyers of the quartz were interested in the new supply, to help supply silicon metal production and Québec's focus on the new green economy.\"It's very disappointing to be told that our Project is now officially blocked, but frankly, given the long delays in the process and lack of any open solution-oriented dialogue with MFFP representatives since mid-2017, it is not a total surprise\", said Sean Samson, President and CEO of Rogue. \"Rogue has remained consistent and transparent with the government throughout this process but we did not feel it was reciprocal. Rogue had listened to MFFP's initial, informal review of the Project and chose to significantly reduce its geographic footprint. I am convinced our projected disturbance was minimal and negligible compared to the average forestry operation in the area. I am saddened for our local team on the ground in the Charlevoix community, who wanted the long-...