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FORTUNE BAY ANNOUNCES AGREEMENT WITH YA' THI NÉNÉ LANDS AND RESOURCES, ATHABASCA FIRST NATIONS AND COMMUNITIES
FORTUNE BAY ANNOUNCES AGREEMENT WITH YA' THI NÉNÉ LANDS AND RESOURCES, ATHABASCA FIRST ...
About this update from Fortune Bay Corp.
[{"type":"text","content":"\n \n \n \n FORTUNE BAY ANNOUNCES AGREEMENT WITH YA' THI NÉNÉ LANDS AND RESOURCES, ATHABASCA FIRST NATIONS AND COMMUNITIES\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n HALIFAX, NS\n \n \n ,\n \n \n Nov. 29, 2022\n \n \n /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) (\"Fortune Bay\" or the \"Company\") is pleased to announce its conclusion of an Exploration Agreement (the \"Agreement\") that formalizes the Company's relationship with Ya' thi Néné Lands and Resources (\"YNLR\"), Hatchet Lake Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation (the \"Athabasca First Nations\") and the Northern Hamlet of\n \n Stony Rapids\n \n , the Northern Settlement of\n \n Uranium City\n \n , the Northern Settlement of\n \n Wollaston Lake\n \n and the Northern Settlement of Camsell Portage (the \"Athabasca Municipalities\", and together with the Athabasca First Nations, the \"Basin Communities\").\n \n \n \n \n \n \n \n \n \n The Agreement concerns Fortune Bay's exploration and evaluation activities (the \"Activities\") within the traditional territories of the Athabasca First Nations and in proximity to the Athabasca Municipalities (the \"Nuhenéné\") and establishes a progressive basis for Fortune Bay, YNLR and the Basin Communities to work together to ensure that the Activities are conducted in a sustainable manner and with respect for the Aboriginal and treaty rights, title and interests of the Athabasca First Nations and protection for their traditional lands. The Agreement provides a framework for information-sharing and environmental protection and monitoring, establishes permitting review processes, facilitates the Basin Communities' meaningful participation in the Activities by providing economic, employment and training opportunities and benefits to support community development initiatives, and confirms the Basin Communities' consent and support for the Activities, subject to Fortune Bay...