(TheNewswire)
Vancouver, BC - TheNewswire- July 23,2023 - Arbor Metals Corp. (“ Arbor ” or the “ Company ”) (TSXV: ABR ) ( FWB:432) announcesthe engagement of a strategic consultant aimed at collaborating withother mining industry participants to secure substantial governmentsupport for Canadian miners, mirroring the support seen so far formajor battery manufacturers. Arbor applauds the Canadiangovernment's dedication to propelling the EV industry by givingsubstantial funds to battery manufacturers, an action vital formaintaining Canada's leadership in the global electric vehicle sector. Arbor seeks to support theinterests of Canadian miners, recognizing their indispensable role asproviders of key elements fueling the EV revolution.
Recently, the Canadian government provided significantfinancial support to facilitate the country's establishment andexpansion of battery manufacturing plants. While praising thegovernment's initiative to boost battery production, Arbor underscores the importance ofCanadian miners who supply the essential minerals needed for EVbatteries.
Mark Ferguson, Chief Executive of Arbor , expressed the Company'sviewpoint: "We commend the Canadian Government's support ofcompanies like Volkswagen and Stellantis-LG in their contribution toCanada's rapidly developing EV industry. However, we firmly believethat Canadian miners are equally critical to the success of thisindustry. As providers of vital elements for EV batteries, we envisiona collaborative effort among all participants in the EV industry, fromminers to battery manufacturers and end users, working together toadvance the sector and meet the Net Zero goals set by variousgovernments worldwide. Arbor is eager to collaborate withother industry participants in securing and shaping government supportthat ensures Canada's role as a leading force in the global EVrevolution."
The strategic consultant aims to engage experts who canadvocate for adequate government support to bolster the growth andcompetitiveness of Canadian miners in the EV supply chain. Arbor recognizes the need forstrong partnerships between the government and the mining industry tofoster innovation, exploration, and sustainable infrastructuredevelopment.
Recent press coverage emphasizes the Canadiangovernment's assistance for EV industry participants. With theworldwide pivot towards green energy and decarbonization, nations likeCanada are heavily investing in the EV sector to guarantee asustainable future.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining exploration company focused on developinghigh-value, geographically significant mineral projects worldwide. Arbor is paving the way foradvanced mineral exploration as it oversees world-class miningprojects. The company is confident that combining quality projectswith proven strategies and a dedicated team will yield exceptionaloutcomes. Arbor currently oversees three outstanding mineral projects.
The Jarnet lithiumproject , located in the James Bay region ofQuebec, comprises 47 map-designated claims, covering an area ofapproximately 3,759 hectares. The Jarnet project is contiguous to theCorvette-FCI property, where diamond drilling has confirmedsignificant lithium mineralization, and represents one of thehighest-profile lithium exploration projects in the sector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetals.com or 403.852.4869, orvisit the Company’s website at www.arbormetalscorp.com .
On behalf of the Board,
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When or if used in this news release, the words“anticipate”, “believe”, “estimate”, “expect”,“target, “plan”, “forecast”, “may”, “schedule” andsimilar words or expressions identify forward-looking statements orinformation. These forward-looking statements or information mayrelate to the development of the Jarnet Lithium Project, theassessment of samples from that Project, and other factors orinformation. Such statements represent the Company’s current viewswith respect to future events and are necessarily based upon a numberof assumptions and estimates that, while considered reasonable by theCompany, are inherently subject to significant business, economic,competitive, political and social risks, contingencies anduncertainties. Many factors, both known and unknown, could causeresults, performance, or achievements to be materially different fromthe results, performance or achievements that are or may be expressedor implied by such forward-looking statements. The Company does notintend, and does not assume any obligation, to update theseforward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectingsuch statements and information other than as required by applicablelaws, rules and regulations.
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