APTN National News
The Blood Tribe in Alberta has formed a partnership with a Native American resource company.
The new company is called Kai-Nih Energy.
The Blood Tribe sits on Canada’s largest reserve which has 350,000 acres.
The American company, called Native American Resource Partners, will lend the Blood technical and commercial expertise.
They’ll also bring $100 million in capital.
The hope is that the Blood will soon achieve full financial independence.