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FRONTIER LITHIUM FINALIZES THE CONTRIBUTION AGREEMENTS FOR THE CRITICAL MINERALS INFRASTRUCTURE FUND
FRONTIER LITHIUM FINALIZES THE CONTRIBUTION AGREEMENTS FOR THE CRITICAL MINERALS INFRASTRUCTURE F...
About this update from Frontier Lithium Inc.
[{"type":"text","content":"\n\n\n\n FRONTIER LITHIUM FINALIZES THE CONTRIBUTION AGREEMENTS FOR THE CRITICAL MINERALS INFRASTRUCTURE FUND\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 SUDBURY, ON\n \n\n ,\n \n\n March 31, 2025\n \n\n /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) (\"Frontier\" or the \"Company\") is pleased to announce that, further to its Press Release dated\n \n October 27, 2024\n \n regarding federal funding of up to\n \n $6 million\n \n , the accompanying contribution agreements with the Government of\n \n Canada\n \n have recently been executed for this funding (\"\n \n Contribution Agreements\n \n \"). With conditions now met in the Contribution Agreements, Frontier has successfully secured up to\n \n $6 million\n \n in non-repayable funding under the Federal Critical Minerals Infrastructure Fund. This funding will support the advancement of essential mine access road and electricity infrastructure projects critical to the development of the Company's PAK Lithium Project in\n \n Northwestern Ontario\n \n .\n \n\n\n\n\n\n\n\n\n Pursuant to the Contribution Agreements, Frontier will be entitled to receive the following amounts, which shall be reimbursed at 50% of eligible expenditures for two key infrastructure projects, over the course of four years:\n \n\n\n Mine Access Road Development, total grant funding of\n \n $2.8 million\n \n – Preconstruction activities, including environmental studies, for an all-season, 56-kilometer, two-lane access road linking the PAK Lithium Project to the\n \n Ontario\n \n highway system.\n \n\n Power Transmission Infrastructure, total grant funding of\n \n $3.2 million\n \n – Engineering, design, and permitting studies for a substation and transmission line to enable grid connection from the PAK Lithium Project to the Wataynikaneyap (Watay) Power transmission line.\n \n\n\n Frontier remains committed to ongoing engagement and consultation with local and indigenous communities as these projects progress.\n \n\n This Federal support underscores the importance of collabo...