EARTHWORKS INDUSTRIES INC. - CORTINA UPDATE
TSX-V: EWK OTCQB: EAATF
CIWM received
First and foremost, we leased 443 acres of the Cortina Rancheria, a 640-acre property located approximately 100 miles from
When CIWM and the Tribe first entered discussions regarding the development opportunity, we also sat down with the U.
Our development opportunity is not limited to Cortina but could also be of major benefit to other Tribes with a similar demographics and available land. Enhancing that opportunity to work with other Tribes is one of the main motivations for our focused approach at Cortina.
Another important reason for choosing the Cortina location was that we wanted to create our model facility on
We embrace working with first nations specifically because of their attachment to the land and environment, and while some thought Tribal land would streamline the process, it was quite the opposite. The bar was even higher because of Tribal and federal regulatory environmental requirements.
We see a tremendous window of opportunity for the First Nations to help contribute to the solutions of our coming waste challenges over the next several years, and we intend to help foster that opportunity.
That is the model we have assiduously developed at Cortina, and it is all about jurisdictional advantages and the availability of land where we might locate these facilities. We want to showcase Cortina to demonstrate the "facility of the future" and work in co-operation with others to offer the best available technologies.
Management remains focused on our long-term growth strategy. We will continue to explore additional opportunities that build upon the Cortina model, which will serve as a blueprint for future waste handling and recycling projects. We are committed to maintaining the highest industry standards as we look to develop projects on both Tribal and private lands. CIWM's work over the past decade has set the stage for a new era of waste handling facilities in
The Company also wishes to report on the Complaint filed in the U.
CIWM's Complaint challenges the IBIA order, issued on
- Declare that the IBIA decision violates the Administrative Procedures Act;
- Issue injunctive relief to vacate and set aside the IBIA decision affirming the
Bureau of Indian Affairs' termination of the Lease; - Fully reinstate the Lease; and
- Grant CIWM such other relief as the Court deems just and proper.
CIWM and
The Federal Defendants' and Tribe's Opposition / Cross-motions were both timely submitted on
The Company looks forward to the tremendous opportunities in the waste industry for proper handling practices at additional locations that align with the highest standards from an environmental perspective.
Forward Looking Statements:
This 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 of 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 required to reflect 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 our forward-looking statements.
Neither the
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