Société de développement de la Baie-James (SDBJ), Administration régionale Baie-James (ARBJ) and partners invest in BlackRock Metals Inc. to carry out a feasibility study for an open-pit mine

The Société de développement de la Baie-James (SDBJ), the Administration régionale Baie-James (ARBJ), the Cree Nation Government, and the Capital Mines Hydrocarbures fund, managed by Ressources Québec Inc., have invested more than $8 M in BlackRock Metals Inc. to finance a feasibility study for the development of an open-pit iron and titanium mine in the James Bay Territory.

In this financing, René Branchaud and Guillaume Synnott, members of Lavery’s Business law group, acted as counsel for SDBJ and ARBJ.

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