Appia Rare Earths & Uranium Corp. Announces New Cooperation Agreement with the Ya'thi Néné Lands and Resources Office
Appia Rare Earths & Uranium Corp.
Announces New Cooperation Agreement with
the Ya'thi Néné Lands and Resources Office
Toronto, Ontario--(Newsfile Corp. - January 26, 2024) -
Appia Rare Earths & Uranium Corp.
(CSE:
API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0)
(the "
Company
" or "
Appia
") is pleased
to announce a new cooperation agreement with the
Ya'thi Néné Lands and Resources Office
("YNLR"),
which is owned by the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake,
Fond du Lac, the Northern Hamlet of Stony Rapids, and the Northern Settlements of Uranium City,
Wollaston Lake, and Camsell Portage. The agreement pertains to specific exploration activities
undertaken by Appia in Nuhenéné, the traditional territory of the Athabasca First Nations in Treaty 8 and
Treaty 10 Territories (Figure 1).
Figure 1: Traditional Athabasca First Nations territory, Nuhenéné, illustrated on the map. Image
courtesy of the Ya'thi Néné Lands and Resources Office.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5416/195803_f478fd9724a82a7c_001full.jpg
This accord underscores the mutual commitment of Appia and YNLR to foster a sustainable and
collaborative relationship, both in the present and for the foreseeable future. The agreement serves as a
foundation for continuous communication between the parties, aligning with YNLR's mandate to enhance
the environmental, social, economic, and cultural well-being of current and future Athabasca residents.
Simultaneously reflecting Appia's environmental, social, and governance commitments. A pivotal aspect
of this collaboration is the facilitation of a smoother exploration permitting process and fieldwork in
Nuhenéné through the respectful and timely exchange of information.
The cooperation agreement encompasses provisions related to harvest compensation, contributions to
YNLR's established community trust, and opportunities for employment and contracting with northern
businesses. This multifaceted agreement is a testament to Appia's dedication to responsible exploration
practices, ensuring a positive impact on the local communities.
Mary Denechezhe, Elder and YNLR Board Chair, expressed her thoughts on the agreement, stating, "By
establishing this cooperation agreement, we ensure that our people's and communities' wishes
regarding land protection and economic development are heard, and our Treaty Rights are respected.
We appreciate Appia's commitment to engaging in respectful and mutually beneficial relations with us."
Appia currently holds surface rights to approximately 113,837.15 hectares (281,297.72 acres) in
Saskatchewan, including the Loranger and Eastside properties, both of which are undergoing uranium
exploration in Nuhenéné.
Stephen Burega, President of Appia, emphasized the alignment of values between Appia and YNLR,
saying, "At Appia, we understand and share YNLR's commitment to protecting and monitoring the
environment, engaging in thoughtful project advancement, and respecting local traditions and
knowledge. This agreement sets the framework for our ongoing engagement with YNLR as we progress
in our exploration activities within their territory. It is a respectful way of working together in this territory.
This agreement is the materialization of our Code of Business Conduct and Ethics Policy, our
Environmental Health and Safety Policy, and our dedication to meaningful reconciliation. Appia looks to
capitalize on the rising uranium market with plans to explore our uranium properties within the Wollaston
territory, beginning with Loranger in early 2024."
About Appia Rare Earths & Uranium Corp. (Appia)
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The
Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the
Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its
Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to
exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a
100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over
five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire
up to a 70% interest in the PCH Project which is 17,551.07 ha. in size and located within the Goiás State
of Brazil. (See June 9
th
, 2023 Press Release - Click
HERE
) The Company successfully added
23,412.11 ha to the PCH project's total hectares by staking 12 new claims, bringing the overall project
size to 40,963.18 ha.(See January 11
th
, 2024 Press Release - Click
HERE
)
Appia has 136.3 million common shares outstanding, 144.1 million shares fully diluted.
About YNLR
The YNLR is a non-profit organization owned by the Athabasca Basin First Nations of Hatchet Lake
Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation and
northern Saskatchewan municipalities of the Northern Hamlet of Stony Rapids, the Northern Settlement
of Uranium City, the Northern Settlement of Wollaston Lake and the Northern Settlement of Camsell
Portage.
The YNLR was established in June 2016 with the mandate to promote and enhance the environmental,
social, economic, and cultural well-being of current and future Athabasca residents.
To view an enhanced version of this graphic, please visit:
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Cautionary note regarding forward-looking statements: This News Release contains forward-looking
statements which are typically preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are
not a guarantee of future performance as they involve risks, uncertainties, and assumptions. We do
not intend and do not assume any obligation to update these forward-looking statements and
shareholders are cautioned not to put undue reliance on such statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For more information, visit
www.appiareu.com
As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have
several communication portals. If you have any questions online (
X
,
,
) please feel
free to send direct messages.
To book a one-on-one 30-minute Zoom video call, please
click here.
Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(e)
Stephen Burega, President
(c) (647) 515-3734
(e)
Garrett Schmidt
Executive Director YNLR
(306) 477-1251
www.yathinene.ca
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/195803