XND:CC - Government Aid Key to Building Domestic Supply Chain for Critical Metals Says Xander Resources CEO
2023-04-06 16:00:00 ET
The Canadian federal and provincial governments are acting swiftly to help the goal of creating a critical metals supply chain in North America, explained Xander Resources (TSXV:XND,OTCQB:XNDRF,FWB:1XI) President and CEO Deepak Varshney.
He cited several incentives and initiatives that will help exploration projects, including the Ontario Focused Flow-Through Share Tax Credit for investing in junior explorers.
“I think the incentives are there to be working in the sector. And I think (the) government can keep working on it and keep supporting us, because at the end of the day, with the geopolitical issues going on in the world, we’ve got to have our own supply to make sure that we can meet our own needs, and that's where we're all going towards,” Varhsney said.
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Government Aid Key to Building Domestic Supply Chain for Critical Metals, Says Xander Resources CEO