By Olivier Cadotte, Local Journalism Initiative Reporter, The Eastern Door Awendio Solaris, a United Kingdom-based solar energy startup, has announced its intention to develop a manufacturing facility and global research and development centre in Montreal East, partnering with Kahnawake and other First Nations to do so. The Naskapi Nation of Kawawachikamach and the Wendat Nation are joining the project along with Kahnawake as \u201cinvestor-partners,\u201d although Kahnawake is not making a monetary contribution to the project. Instead, they will be given \u201cClass A Ordinary Shares,\u201d the most common kind of share issued by companies. \u201cWe are a minority partner, which means, by holding these shares, we\u2019re entitled to a portion of the profits. As the company increases in value, we will also receive that increase in value,\u201d said Mohawk Council of… <\/p>\n
By Olivier Cadotte, Local Journalism Initiative Reporter, The Eastern Door Awendio Solaris, a United Kingdom-based solar energy startup, has announced its intention to develop a manufacturing facility and global research and development centre in Montreal East, partnering with Kahnawake and other First Nations to do so. The Naskapi Nation of Kawawachikamach and the Wendat Nation are joining the project along with Kahnawake as \u201cinvestor-partners,\u201d although Kahnawake is not making a monetary contribution to the project. Instead, they will be given \u201cClass A Ordinary Shares,\u201d the most common kind of share issued by companies. \u201cWe are a minority partner, which means, by holding these shares, we\u2019re entitled to a portion of the profits. As the company increases in value, we will also receive that increase in value,\u201d said Mohawk Council of... <\/p>\n