We are pleased to announce that on February 15th, we signed a five-year commercial agreement with the Red Rock Indian Band (RRIB) – an Ojibwe First Nation located in Northwestern Ontario, Canada.
The agreement is a formal commitment between the RRIB and Resolute to identify and pursue new economic opportunities and commercial investments, as well as to establish a collaborative forest management planning process for the woodlands Resolute manages.
At the formal signing ceremony, Chief Ed Wawia of the RRIB stated, “We want to make sure the generations to come will benefit from sustainable jobs and economic opportunities. We rely on the forest products industry to create wealth and to sustain our growth. Our partnership with Resolute has realized many opportunities for our contractors, members and our nation as a whole. Opportunities that will benefit us now and in the long term.”
This is the most recent of several agreements and partnerships Resolute has entered into with First Nations communities in the areas where we manage or own operations. It further reinforces our commitment to identify business opportunities with First Nations and ways to increase Aboriginal employment.