TSX – V: EWK
VANCOUVER, BC, Aug. 16,
2023 /CNW/ - Earthworks Industries Inc. (the
"Company"), is pleased to provide this update on the status of the
development of its integrated waste handling project at
the Cortina Rancheria in Colusa
County, California. The project is being developed by the
Company's wholly owned U.S. subsidiary, Cortina Integrated Waste
Management Inc. (CIWM).
With federal approval, CIWM holds a lease of 443 acres of the
Kletsel Dehe Wintun Nation's Cortina Rancheria for the development
of an integrated waste handling operation, which includes a
material recovery system, composting, contaminated soil, and
landfill operations.
Over the past several months the United States Environmental
Protection Agency (EPA), Region 9, has been completing its review
for tentative approval of the remaining Site-Specific Flexibility
Requests (SSFRs) pursuant to the EPA's Draft Guidance for municipal
waste landfills in Indian Country.
The Draft Guidance suggests a 90 day period for EPA's response
to these submissions, but EPA's ongoing review has taken somewhat
longer than anticipated.
On August 11, 2023, the Company
received a letter from EPA stating that it is completing the review
and is planning to issue a comprehensive response to the SSFRs
later this calendar year. Our patience on this matter was
acknowledged.
One of the key benefits of this successful regulatory process is
that the precedent at Cortina will not only have significant
beneficial impact in the region, but it will also potentially open
the door to future similar developments by the Company elsewhere in
Indian Country.
David Atkinson, President/Chief
Executive Officer of Earthworks Industries commented, "We
completely understand and appreciate EPA's diligence in completing
the current stage of approval at Cortina and we look forward to
continued collaboration between EPA, CIWM and the Tribe in getting
the SSFRs through the federal approval process."
For further information, contact:
Earthworks
Industries Inc.
David
Atkinson
President/CEO
604-669-3143
Forward Looking Statements:
The news release contains "forward-looking information" and
"forward-looking statements" (collectively 'forward-looking
statements") within the meaning of the applicable Canadian
securities regulations. All statements, other than statements of
historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news
release. Any statements that involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objective
assumptions, future events or performance (often but not
always using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or "may" or "could", "would", "might" or "will" be taken
to occur or be achieved) are not statements of historical fact and
may be forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of the Company or CIWM to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Factors that could cause actual results to differ
materially from those anticipated in these forward-looking
statements are described under the "Risks and Uncertainties
Statement" attached to this news release. Forward- looking
statements contained herein are made as of the date of this news
release. The Company will update these forward-looking statement
and Risks and Uncertainties as a result of new information,
results, future events, circumstances, or if management's estimates
or opinions should change, or otherwise. There can be no assurance
that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on the forward-looking
statements.
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this News Release.
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SOURCE Earthworks Industries Inc.
