Ridgemont Strikes MOU With Toquaht Nation of Vancouver Island, BC
Ridgemont Iron Ore Corp. (TSX-V:RDG) has concluded a Memorandum of Understanding ("MOU") with the Toquaht Nation whereby the parties have agreed to an ongoing business relationship with respect to the exploration and development of Ridgemont's Redford iron ore property located on Vancouver Island, outside of Ucluelet, British Columbia.
The MOU establishes that Ridgemont and the Toquaht Nation will work together to establish a long term, mutually beneficial and cooperative business relationship.