Examples of Inuit Owned Lands in a sentence
As a consequence of the land claims settlement, the Inuit Owned Lands are not subject to royalty obligations to the Government of Canada, but instead are subject to an underlying 12% net profits royalty payable on all minerals to NTI.
The Company entered into agreements with Nunavut Tunngavik Incorporated (“NTI”) on December 2, 2008, March 4, 2009 and June 13, 2010 which details the Company’s right to earn a 100% interest in all uranium and other minerals located on certain Inuit Owned Lands.
In order to keep the Inuit Owned Lands in good standing, Kivalliq has or will complete the following: • Kivalliq issued 1,000,000 common shares from treasury to NTI staged over 36 months beginning after final TSX:V approval for the spin-out transaction.
Angilak, Nunavut Angilak is a combination of two properties, located on Inuit Owned Lands and Federal Crown land.
Any lands acquired by the DIO in such an exchange shall have the status of Inuit Owned Lands and any lands relinquished shall cease to be Inuit Owned Lands.
Subsequent revisions led to the 10-item scale, with five favouring Theory X and five favouring Theory Y (as described above in 2.3.3).
Kaminak signed an Exploration Agreement (EA) with NTI whereby Kaminak was granted a 100% interest in the minerals within privately owned Inuit Owned Lands.
Recognizing that the parcels of Inuit Owned Lands RE-31/56H and RE-32/56H may lie within the boundaries that may be proposed for a National Park on Wager Bay, Government and the DIO shall consider possible exchanges of some of those lands for other lands during the consultation process leading to a decision on Park establishment.
In the event that the proposed Katannilik Territorial Park is established prior to the date of the ratification of the Agreement so as to enclose the Inuit Owned Lands Parcel LH-5/25K, such establishment shall in no way limit the rights of access flowing to the DIO, as a consequence of its ownership of the minerals, at common law and as recognized by the Agreement, but the rights of access are subject to any conditions in an IIBA respecting the protection of the environment and the integrity of the Park.
Angilak, Nunavut Angilak is a combination of two properties, located on Inuit Owned Lands and Federal Crown land in Nunavut.