To: George J. Tromp who wrote (1783 ) 6/28/2000 9:38:00 AM From: The Vet Respond to of 2006
You could easily be 100% correct George - I really can't see Winspear shareholders accepting this offer unless the cupboard is really bare?? Seems that ABER are clearing up some loose ends.... CARC and Diavik settle out of court TORONTO, June 27 /CNW/ - ABER RESOURCES LTD. (TSE-ABZ, NASDAQ-ABERF) The Canadian Arctic Resources Committee ("CARC"), Diavik Diamond Mines Inc. ("DDMI") and Aber Diamond Mines Ltd. ("Aber") today announced that they have reached a settlement of the Federal Court action brought by CARC against DDMI and Aber in respect of the decision, announced on November 3, 1999, of the Minister of Environment to accept the Comprehensive Study Report for the Diavik Diamonds Project. CARC acknowledges and values DDMI's extensive consultations with CARC and with affected communities prior to and during the Environmental Assessment process. DDMI acknowledges and values the contributions of CARC during the environmental assessment and regulatory phase of its project. CARC does not oppose the Diavik project, in principle, provided that it is conducted in an environmentally and socially sustainable manner. Thus, CARC looks forward to seeing that the "adaptive management" concept, the acceptance of which was a foundation for the Responsible Authorities' environmental assessment conclusions, is applied rigorously to ensure that the Diavik project lives up to its sustainable development objectives. CARC's primary concern with the environmental assessment of the Diavik project was the absence of an accompanying regional planning framework for evaluating and managing any cumulative effects of the project. This settlement will provide a very useful contribution to the implementation of that regional planning framework. CARC announces that it intends to commission an independent study of ecological indicators and thresholds which it feels will assist in evaluating the cumulative effects of future developments in the Slave Geological Province and is currently seeking funding for such study from a number of industry, private and public sector sources. DDMI has agreed to contribute a portion of the funding for this study. CARC and DDMI agree that this work will make an important contribution to the ongoing work of various levels of government and local communities with respect to the sustainable development of the Slave Geological Province. %SEDAR: 00003786E -0- 06/27/2000 For further information: please contact: Robert A. Gannicott, President & Chief Executive Officer, (416) 362-2237, (ext. 225); or S. Caroline Glasbey, Director, Investor Relations, (416) 362-2237, (ext. 235)