federal Fisheries Act

Keller Foundations Ltd. fined $1 million for depositing harmful concrete leachate into groundwater that flowed into Larson Creek, British Columbia

Keller Foundations Ltd. fined $1 million for depositing harmful concrete leachate into groundwater that flowed into Larson Creek, British Columbia

Canadians value clean water and a sustainable environment. Environment and Climate Change Canada enforcement officers work to verify that businesses and individuals comply with laws and regulations that protect Canada's natural environment. On March 17, 2023, in the Provincial Court of British Columbia, Keller Foundations Ltd. was ordered to pay a total penalty of $1 million after pleading guilty to one charge laid for violations of subsection 36(3) of the federal Fisheries Act. The charge stemmed from an investigation into the deaths of approximately 85 Cutthroat Trout in Larson Creek in West Vancouver. The fine will be directed to the Government of Canada's Environmental Damages Fund and will support projects that have a positive impact on Canada's natural environment.

Stocks in play: Marathon Gold Corporation

Stocks in play: Marathon Gold Corporation

Has received full authorization pursuant to the federal Fisheries Act from Fisheries and Oceans Canada for the Valentine Gold Project in central Newfoundland. Receipt of this authorization allows Marathon to proceed with all site activities regulated by the Fisheries Act, such as dewatering of small freshwater ponds for open pit mine development, changes in flow due to site water management, and placement of water intake and effluent pipes. The authorization follows the successful completion of the federal Environmental Assessment process in August of this year. Marathon Gold Corporation shares T.MOZ are trading unchanged at $0.89.