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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development stage company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Company also has a number of other exploration properties located in Canada. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Post by Specificon Sep 22, 2023 10:49am
111 Views
Post# 35649170

Parkdale Properties in Toronto Ban Electric Vehicles....wow

Parkdale Properties in Toronto Ban Electric Vehicles....wow

Parkdale Properties in Toronto Ban Electric Vehicles, Citing Lithium Battery Risks

Oberon Development Corporation, a real estate company with properties in Toronto’s Parkdale neighborhood, has imposed a ban on the use of electric vehicles within its premises. Notices were prominently posted at 110 and 120 Jameson Ave., explicitly stating that electric transportation vehicles, including e-bikes, scooters, motorbikes, hoverboards, and more, are strictly prohibited anywhere on the property, encompassing apartments, garages, parking spaces, and lockers.

The notice cites concerns over fire hazards associated with lithium batteries as the primary reason for this ban. The City of Toronto had previously banned e-scooters in 2021, but their use has continued despite the prohibition. Toronto Fire Services reported responding to ten fires related to lithium-ion batteries in residential high-rises this year. They clarified that condo corporations are within their rights to establish rules for their buildings, a domain separate from their intervention.

However, renters residing in these affected buildings may have recourse under the Residential Tenancies Act, as the ban could potentially infringe on their right to the “reasonable enjoyment” of the premises. Additionally, individuals who rely on electric vehicles for health or mobility reasons may also challenge the ban, arguing that it infringes on their human rights.

Lithium-ion batteries, commonly found in various consumer electronics, can be safe to use but become hazardous under certain conditions due to their volatility. Transport Canada warns against using substandard or counterfeit batteries, exposing them to extreme temperatures, overcharging, or using non-certified chargers. Specific surface areas that trap heat, like couches or beds, should also be avoided for charging.

The ban imposed by Oberon Development Corporation reflects growing concerns about the safety of electric vehicles and lithium batteries in residential properties. While it seeks to address potential fire hazards, it has raised questions about tenant rights and access to essential mobility solutions for those who rely on electric vehicles.


Information for this story was found via the National Post, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.


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