Noozhoo Nokiiyan Limited Investment Creates More Opportunities for MSIFN
Stake in Sky Canoe will bring jobs and education opportunities for MSIFN as the firm services remote First Nation communities.
SCUGOG – We are pleased to announce that Noozhoo Nokiiyan Limited Partnership ("NNLP") has invested in Sky Canoe Inc. for a 1/3 ownership share. NNLP is a partnership formed between Noozhoo Nokiiyan GP Inc. and Mississaugas of Scugog Island First Nation ("MSIFN") for economic development purposes.
Highlights of the agreement include NNLP having at least one seat on Sky Canoe's board of directors, the creation of employment and education opportunities for MSIFN members and the surrounding community, and the construction of a production and training facility on MSIFN lands which will also house Sky Canoe's new corporate head office.
Sky Canoe has patented the world's most advanced autonomous cargo aircraft design. Together with NNLP and MSIFN, Sky Canoe looks forward to continuing to develop its unique technologies to provide a zero-emission, cost-effective cargo delivery solution for remote and underserviced communities. Sky Canoe will create new markets, improve lives, and reduce emissions!
For more information, visit skycanoe.ca
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