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Oceanic Wind Energy’s Crown Land Tenure Application Approved for Hecate Strait Project
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Oceanic Wind Energy’s Crown Land Tenure Application Approved for Hecate Strait Project

Story Highlights
  • Oceanic Wind Energy focuses on offshore wind projects in partnership with First Nations.
  • Oceanic’s Crown Land Tenure Application accepted, progressing Hecate Strait wind project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Oceanic Wind Energy ( ($TSE:NKW.H) ) has issued an update.

Oceanic Wind Energy Inc. announced the acceptance of their Crown Land Tenure Application for a wind power project in Hecate Strait, in partnership with Coast Tsimshian Enterprises Ltd., a First Nations collaboration. This milestone initiates a public review process and aligns with Oceanic’s plans to partner with major industry players to move the project to implementation, supporting regional energy needs and provincial climate targets.

More about Oceanic Wind Energy

Oceanic Wind Energy Inc. operates in the renewable energy industry, focusing on the development and implementation of offshore wind projects. The company collaborates with local enterprises, including First Nations partnerships, to advance its projects and contribute to climate goals.

YTD Price Performance: 66.67%

Average Trading Volume: 27,313

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$4.37M

See more data about NKW.H stock on TipRanks’ Stock Analysis page.

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