Sirius Minerals Plc Approvals update - Redcar approval (1380L)
April 23 2015 - 7:41AM
UK Regulatory
TIDMSXX
RNS Number : 1380L
Sirius Minerals Plc
23 April 2015
23 April 2015
Sirius Minerals Plc
Approvals update - Redcar approval
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY)
("Sirius" or the "Company") provide an update on the approvals
process for the York Potash Project ("the Project").
Further to the announcement on 15 April 2015, at a Regulatory
Committee held earlier today by Redcar and Cleveland Borough
Council ("RCBC"), councillors unanimously resolved to grant
permission for the York Potash mine and mineral transport system
("MTS") planning application.
The remaining key applications are: that part of the 'straddling
application' for the mine and MTS which has been submitted to the
North York Moors National Park Authority; the materials handling
facility application, which has been submitted to RCBC; and the
application for the harbour facilities which has been submitted to
the Planning Inspectorate.
Chris Fraser, Managing Director and CEO of Sirius,
commented:
"We are delighted with the positive decision from Redcar and
Cleveland Borough Council for this substantial part of the Project
and look forward to further progress with our other
applications.
"The application is a significant part of the overall approvals
required for the delivery of the Project and an important step
forward for Sirius."
The Company's ordinary shares are expected to be restored to
trading at 1pm today.
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) Ken Fleming, Tel: +44 20
Limited (NOMAD) Nick Harland, 3037 2000
Nick Stamp
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
--------------------------- ------------------------------- ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 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
END
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