Sirius Minerals Plc Approvals update (4733Z)
11 December 2014 - 6:00PM
UK Regulatory
TIDMSXX
RNS Number : 4733Z
Sirius Minerals Plc
11 December 2014
11 December 2014
Sirius Minerals Plc
Approvals update
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY)
("Sirius" or the "Company") provide an update on the planning
application process for the York Potash Project ("the
Project").
Certain clarifications on aspects of the Company's planning
applications are being provided this week to the local planning
authorities. In addition the Company will submit some supplementary
information to update the environmental statement and some
amendments to the Transport Assessment.
The provision of clarifications and additional information is
not uncommon in planning determinations for large, multi-faceted
projects. The Company's consultants advise that the information
that will be provided is unlikely to change the conclusions of the
environmental statement, although work to confirm this is
ongoing.
The local planning authorities have not yet been in a position
to set dates for the determination of the applications. The
authorities will re-consult on the supplementary information when
it is received in January. Based on previous experience a formal
re-consultation period typically lasts for 21 days, although the
precise details and timings have not yet been confirmed by the
authorities.
Chris Fraser, Managing Director and CEO of Sirius,
commented:
"In a large scale application like this, the provision of
clarifications or additional information is an important and normal
part of the process.
"We believe this should result in a relatively small addition to
the decision timeframes but the onus is on us to provide
information to the authorities as quickly as possible."
For further information, please contact:
Sirius Minerals Plc
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
524 0247
--------------------------- ------------------------------- -------------------
Joint Brokers
Liberum Capital Limited Clayton Bush Tel: +44 20 3100
2222
Macquarie Capital (Europe) Steve Baldwin, Raj Tel: +44 20 3037
Limited (NOMAD) Khatri 2000
WH Ireland Adrian Hadden Tel: +44 20 7220
1666
--------------------------- ------------------------------- -------------------
Media Enquiries Jos Simson, Mike Tel: +44 20 7920
Tavistock Bartlett, 3150
Emily Fenton
--------------------------- ------------------------------- -------------------
Warrant Trading Enquiries
Liberum Capital Limited Simon Smith Tel: +44 20 3100
2171
--------------------------- ------------------------------- -------------------
About Sirius Minerals Plc
Sirius Minerals is a potash development company with properties
in the United Kingdom (North Yorkshire) and the United States
(North Dakota). Its primary focus is the development of the York
Potash Project which has the world's largest and highest grade
deposit of polyhalite, a multi-nutrient form of potash containing
potassium, sulphur, magnesium and calcium. Incorporated in 2003,
Sirius Minerals' shares are traded on the London Stock Exchange's
AIM market. Its shares are also traded in the United States on the
OTCQX through a sponsored ADR facility. Further information on the
Company can be found at www.siriusminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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