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

END

MSCQFLBFZLFLFBV

Sirius Minerals (LSE:SXX)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Sirius Minerals Charts.
Sirius Minerals (LSE:SXX)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Sirius Minerals Charts.