Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Avnet Inc V.AVT


Primary Symbol: AVT

Avnet, Inc. is a global electronic component technology distributor and solutions provider. It markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Its primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from industrial to automotive to defense and aerospace. EC offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, through an e-commerce channel. It also distributes new product introductions.


NDAQ:AVT - Post by User

<< Previous
Bullboard Posts
Next >>
Post by ocean2parkon Aug 02, 2013 3:45pm
418 Views
Post# 21647280

Avanti Responds .... to Nisga

Avanti Responds .... to Nisga
Avanti Responds and Will Oppose Judicial Review Application by Nisga'a Nation

Avanti Responds and Will Oppose Judicial Review Application by Nisga'a Nation

VANCOUVER, BC--(Marketwired - August 02, 2013) - Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) through its wholly owned subsidiary Avanti Kitsault Mine Ltd. ("Avanti" or the "Company") has received notice of a petition filed by the Nisga'a Nation, challenging a decision by the BC Environmental Assessment Office ("EAO") that granted an Environmental Assessment Certificate to the Kitsault Mine Project. Avanti intends to oppose this petition.

On March 18, 2013 Avanti was granted an Environmental Assessment Certificate from the Province of British Columbia for the Kitsault Mine. A federal environmental assessment decision is pending. The Nisga'a Nation has filed a petition with the BC Supreme Court against the ministers of Environment, Energy Mines and Natural Gas and the British Columbia government.

"This action taken by the Nisga'a Nation is disappointing." said Craig Nelsen, President and CEO of Avanti Mining Inc. "However we are confident that the Province's EA process is robust and that all environmental and human health issues have been thoroughly addressed -- years of assessment and thousands of pages tell us so."

Avanti is also confident that all legal requirements -- including those in the Nisga'a treaty -- have been more than addressed. "While legally exempt from the BC Environmental Assessment process due to its pre-existing mine permit, Avanti voluntarily opted in because of the strong track record of EAO addressing aboriginal and treaty rights," continued Mr. Nelsen.

"We believe this project can offer tremendous training and employment opportunities for Nisga'a citizens and others, and we are committed to moving forward with this," said Mr. Nelsen.

The project has a high degree of environmental protection. It includes extensive monitoring and protection measures, as well as water treatment if required. These were all developed through the EA process. The process also included a comprehensive Environmental, Social & Cultural Impact Assessment (ESCIA) done specifically with respect to the Nisga'a. This was done with extensive input from and in consultation with the Nisga'a.

Mr. Nelsen concluded by stating, "We have full confidence in the BC environmental assessment process. The courts have repeatedly found it sufficient to meet the Crown's duty to aboriginal groups and no decision of the Environmental Assessment Office has ever ultimately been overturned by the courts."

The Company is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia. 

<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse