I'll do the job of the Journalists.... https://www.bccourts...CSC0511cor1.htm
The following facts are not disputed by the parties:
On October 11, 2019, VTC became the recorded holder of the three mineral title claims in the vicinity of the YMCA Lands:
522939 overlaps with private property owned by the YMCA;
1056667 overlaps with private property known as Section 59 Goldstream District ("Section 59"); and
522940 is adjacent to Section 59, overlapping Section 60 Goldstream District.
(collectively, the "Mineral Claims")
· The Mineral Claims are landlocked, such that gaining access to them requires entry onto private or crown lands.
· Section 59 is owned by two Alberta Companies: Jaico Corp. and 1352115 Alberta Ltd. (the “Alberta Companies”).
· The Alberta Companies are two of four plaintiffs in a civil action commenced in 2010 against the YMCA (and others) in which they seek to have a roadway leading to Section 59 declared a public roadway. VTC is not a party to the civil action.
· VTC is affiliated with the Alberta Companies. One of the directors of Jaico Corp. is also a director of VTC, and 1352115 Alberta Ltd. is a shareholder of VTC.
· VTC was originally incorporated in 2007 for the purpose of operating a telecommunications business on Section 59.
Edited by dasmo, 04 April 2024 - 09:04 AM.