TSX-V: EWK
VANCOUVER, BC, Feb. 27,
2024 /CNW/ - Earthworks Industries Inc. (the
"Company") hereby updates the status of its integrated waste
handling project at the Cortina Rancheria in Colusa County, California. The project is
being developed by the company's wholly owned U.S subsidiary,
Cortina Integrated Waste Management Inc. (CIWM).
CIWM is currently awaiting a comprehensive report that the U.S
Environmental Protection Agency (EPA), Region 9 is completing for
tentative approval of the remaining site-specific flexibility
requests (SSFRs) pursuant to the EPA's Draft Guidance for Municipal
Waste Landfills in Indian Country.
In a previous news release dated August
16, 2023, the Company reported that it had received a letter
from the EPA stating it was completing the review and that it would
be issued by year end, 2023. The Company acknowledged the
additional time required by EPA, due to the significance and scope
of the review.
Shortly after the beginning of the New Year 2024, having not
heard from EPA, CIWM reached out to EPA on the timing of the report
to address critical path timeline planning concerns in order to
keep the project moving forward. EPA has advised that the report
will be issued prior to the end of March
2024.
Mr. David Atkinson commented, "We
are pleased to hear that the report is in final preparation and
have been preparing the Company from both a project planning and
social media perspective. The Company has attracted significant
interest from both institutional and public investors over the past
year and we expect this interest to continue to grow as our project
moves forward."
Forward Looking
Statements:
The 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 at 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 a result of 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 the forward-looking
statements.
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this News Release.
SOURCE Earthworks Industries Inc.