Encanto Updates FNCIDA Process

About this update from Encanto Potash Corp.

[{"type":"text","content":"\n\n\n\nEncanto Updates FNCIDA Process\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Feb. 27, 2017\n\n\n\nFIRST IN HISTORY PROVINCIAL POTASH MINING REGULATIONS TO APPLY ON FEDERAL FIRST NATIONS RESERVE LAND\n\nTSXV: EPO\n\n\n\nVANCOUVER, Feb. 27, 2017 /CNW/ - Encanto Potash Corp. (\"Encanto\" or the \"Company\") (TSXV: EPO) is pleased to advise that, together with their project partners, the Muskowekwan First Nation, the successfully signed Tripartite Agreement is expected to lead to the First Nations Commercial and Industrial Development Act (\"FNCIDA\") being finalized this Spring. The Tripartite agreement was signed by Muskowekwan First Nation Chief Reginald Bellerose, the Honourable Minister of Indigenous and Northern Affairs, Carolyn Bennett on behalf of the Canadian Federal Government and the Honourable Provincial Minister for the Economy Bill Boyd on behalf of the Saskatchewan Provincial Government.\n\nMuskowekwan First Nation Chief Reginald Bellerose commented that \"by achieving this milestone, the first ever for such a planned large scale operation in Canada, we have been breaking entirely new ground and not only moving to ensure that we ourselves are a significant resource player in Canada for generations to come, but paving the way for other First Nations to achieve self-source revenues and a self-dictated future full of promise.\"\n\n\"There were many hands at all levels of government demonstrating an unprecedented level of cooperation and support between themselves and our own Nation. It took some time, but all involved wanted to ensure that we got this precedent setting process entirely right\".\n\nAccording to the FNCIDA website, the process enables a First Nation that has decided to pursue a large scale commercial or industrial on-reserve project to request the Government of Canada to develop regulations applying to a specific project on a specific piece of reserve land. FNCIDA works by essentially reproducing the provincial rules and regulations that apply to similar la...

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