Nicola Mining and Lower Nicola Site Services Commence Construction of Cement Plant to Service Infrastructure Projects
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the " Company" or "Nicola ") announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd ("LNSS"), which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
- Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the " Company" or "Nicola ") announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd ("LNSS"), which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
- The cement plant is to be located on a gravel pit owned by the Company (Permit G1519) that is operated by LNSS.
- Given that Nicola and LNSS (together, the "Partners") are already active in supplying riprap, sand and gravel to the region and infrastructure projects, the vertical integration was a logical development.
- Supplying cement will not only augment our revenues, but it will also benefit communities and bridge relationships."