SRPX Scorpex Inc (CE)

Scorpex, Inc. (Pinksheets:SRPX) (the “Company”) submitted and received acceptance of its follow-on application to the Mexican federal government for continued development and operations on the Company’s initial site located near Ensenada, Mexico.

In Mexico, the federal, state, and local governments approve and issue permits for the use of the land for waste storage and disposal as well as operational permits. The Company has received several permits and approvals and anticipates receiving all of its permits soon.

“This is another important step toward receiving use and operational permits from federal, state and local authorities. It is our goal to keep shareholders fully informed as developments with permitting transpire, as these authorizations are vital to increasing the value of our business,” said Joseph Caywood, CEO of Scorpex, Inc.

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Scorpex (CE) (USOTC:SRPX)
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