Iron Bear Resources Submits Application for Project of National Significance Status in Canada; Shares Up 3%

MT Newswires Live

06/03

Iron Bear Resources (ASX:IBR) lodged an application for its Iron Bear project to be recognized as a Project of National Significance in Canada, according to a Wednesday filing with the Australian bourse.

Projects of national significance are expected to benefit from simplified and expedited federal approvals, improved coordination and visibility between provincial and federal jurisdictions, and access to federal resources and support, the filing said.

Shares rose 3% in morning trade on Wednesday.

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