Encanto Potash Corp V.EPO.H

RE:Globe and Mail article mentions Encanto

[Preyman]

Globe says Encanto works with Muskowekwan First Nation 2019-01-31 07:46 ET - In the News The Globe and Mail reports in its Thursday, Jan. 31, edition that indigenous communities are breaking new ground on resource deals. The Globe's guest columnist Joseph Quesnel writes that recently Canadian National Railway and Wapahki Energy -- a company owned by the 250-member Heart Lake First Nation in Alberta -- were in discussions on a joint venture plan to create a $50-million facility to process bitumen into solid pucks by mixing it with recycled plastic. The pucks could be loaded onto railway cars, trucks or shipping containers and would float on water, making them safer to transport by sea. Some recent technology observers predicted the pucks could someday reduce the need for oil pipelines. Elsewhere, an indigenous community in Saskatchewan is planning a $3-billion potash mine on their reserve -- which would make it the first ever mine built on a reserve. Toronto-based Encanto Potash signed a deal back in 2010 with Muskowekwan First Nation to develop the project. Most recently, Encanto launched a plan to have the project shovel-ready in the next few years. Another project is the Eagle Spirit Pipeline, which brought together 35 First Nations to ship oil from northern Alberta to Prince Rupert, B.C.