Nova .(US:NVMI) Newsfileยท2025-01-06 12:30Core Insights - Natural Resources Canada has conditionally approved funding to enhance Nova Scotia's critical minerals potential, which aligns with the company's investment in the region through the acquisition of the West Gore antimony-gold mine [1][2] - Nova Scotia has identified sixteen critical minerals, including antimony, which are essential for the province's economic strategy and are part of Canada's broader critical minerals strategy that has allocated $3.8 billion for related projects [2] - The company plans to attend the Nova Scotia Mineral Resource Forum on January 14 and 15, 2025, to engage with industry stakeholders [3] - The appointment of Jeremy Ross as Vice President of Corporate Development is expected to strengthen the company's capital-raising efforts and expand its business network [4][5] Industry Context - The Canadian Critical Minerals Strategy (CCMS) aims to address supply and demand imbalances in the global market for critical minerals, with a focus on exploration potential and meeting carbon emissions targets [2] - The strategic selection of critical minerals in Nova Scotia is based on exploration potential and the likelihood of presenting strategic opportunities for the province [2]