TORONTO, Oct. 11, 2016 /CNW/ - Enirgi Group Corporation ("Enirgi Group" or the "Company"), together with its wholly owned subsidiary ADY Resources Limited, today announced that as part of its long-term commitment to empower the local community and create sustainable enterprise in Argentina, Enirgi Group has pledged support to The National Institute for Technical Education ("INET") and the Provincial Ministry of Education to improve conditions at the Escuela de Educación Técnica N° 3173 located in San Antonio de los Cobres, Salta, Argentina. The joint initiative aims to enhance the lives of the students by providing them with a new, modern school building, enhanced technical curriculum, and job training opportunities. As part of this commitment, Enirgi Group plans to:
- Collaborate with INET and the Provincial Ministry of Education to implement an internship program for technical schools in Salta Province.
- Assist with the training of teachers and amend the existing curriculum to match current needs of the industry.
- Hire interns for practical hands-on work experience.
- Contribute assistance and/or resources that can be transferrable to the new school or once the new school is built.
- Integrate students from the technical school across programs managed by Enirgi Group such as Cadet Training, Executive Training, Internships, Scholarships etc. that provide students with a "pathway for choice."
- Further enhance its Corporate Social Responsibility ("CSR") program to align with the needs of local communities.
"Over the past 7+ years that Enirgi Group has been operating in Argentina, our team has been driving initiatives that support local communities and this specific initiative will focus on providing students with the technical skills and work experience that will be required not only to enter the workforce, but to become future leaders of emerging industries in Argentina," said Mr. Wayne Richardson, President and CEO of Enirgi Group.
Enirgi Group, having previously announced its plans to construct an initial, scalable 50,000 tonne per annum lithium carbonate equivalent commercial plant at its wholly-owned Salar del Rincón (the "Rincón Project"), recently met with Vice President Gabriela Michetti of Argentina and her team of Mining, Energy, and Agriculture Secretaries, including Foreign Affairs and Investment and Trade officials in Toronto. Discussions included Enirgi Group's comprehensive strategy for development of the lithium industry in Argentina, its proprietary lithium extraction technology and Enirgi Group's far-reaching CSR program, which is a key element of any successful business strategy.
"We focus on building trust-based relationships with the federal and provincial government, which have been extremely supportive of our Rincón Project and our long-term strategy of working together to place Argentina at the centre of the global lithium supply chain. The new federal government continues to exhibit a strong desire to stimulate the mining industry and support real players in the industry that have a sustainable approach to lithium production backed by proven technologies and credible CSR programs that support local communities and contribute to positioning Argentina at the forefront of future lithium development and production," said Mr. Richardson.
Enirgi Group will work closely with INET and the Provincial Ministry of Education on this future initiative and expects that the new school will become a leading institution that will foster, support, and promote the career development of students in technical fields.
ABOUT ENIRGI GROUP
Enirgi Group is a privately held multinational conglomerate with six unique divisions that own and operate a portfolio of high-quality assets and operations located around the world. Enirgi Group's Chemicals Division is advancing the development of Enirgi Group's lithium project located in the province of Salta, Argentina. Enirgi Group is focused on developing innovative technologies to sustainably progress a number of development projects around the globe with the goal of becoming a leading low-cost, high quality producer of specialty chemicals and energy storage solutions.
Enirgi Group is wholly-owned by Sentient Group. The Sentient Group Limited is an independent private equity investment firm specializing in the global resources industry with over $2.7 billion of assets under management in metal, mineral and energy assets across the globe.
Cautionary Note Regarding Forward looking statements
This news release contains forward-looking statements including statements and information about the Company and its businesses, including the Rincón Project and its CSR Program. Forward-looking statements are often, but not always, identified by the use of words such as ''seek'', ''anticipate'', ''contemplate'', ''target'', ''believe'', ''plan'', ''estimate'', ''expect'', and ''intend'' and statements that an event or result ''may'', ''will'', ''can'', ''should'', ''could'' or ''might'' occur or be achieved and other similar expressions. The forward-looking statements in this news release are subject to various risks, assumptions, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by forward looking statements and readers are cautioned not to place undue reliance on such information. Forward-looking statements are based on the beliefs, opinions and expectations of the Company's management at the time they are made, and other than as required by applicable securities laws, the Company does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances, should change.
SOURCE Enirgi Group Corporation
Image with caption: "Vice President of Argentina, Gabriela Michetti and Juan Procaccini, Executive President and Chief Executive Officer of the Argentina Investment + Trade Promotion Agency visit Enirgi Group's Head Office in Toronto, Ontario, Canada. (CNW Group/Enirgi Group Corporation)". Image available at: http://photos.newswire.ca/images/download/20161011_C5591_PHOTO_EN_792800.jpg
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