Last checked at 21 Dec 2009 07:00
21 December 2009
Watermark Global PLC("Watermark" or the "Company")
Final Scoping Report Approval
Watermark, the AIM quoted Company which focuses on the treatment of Acid Mine Drainage (AMD) in South Africa, is pleased to announce that its wholly owned subsidiary, Western Utilities Corporation Pty Ltd. ("WUC") has received approval for its final scoping report and plan of study for an environmental impact assessment from the Gauteng Department of Agriculture and Rural Development ("GDARD").
Jaco Schoeman, Managing Director of Watermark, commented:
"The GDARD approval is a significant step forward and we can now proceed with the submission of our Environmental Impact Assessment Report. These are major building blocks in the approval process and with the approval being received the race against time to prevent an environmental catastrophe in the Gauteng region can still be won."
Enquiries:
| Watermark Global | ||
| Dirk Kotze, Chief Financial Officer | Tel: + 44(0) 20 7233 1462 | |
| dkotze@watermarkglobalplc.com | ||
| Charles Zorab, Investor Relations | Tel: + 44(0) 20 7233 1462 | |
| czorab@watermarkglobalplc.com | ||
| Nominated Adviser | ||
| Cenkos Securities | ||
| Ian Soanes/Elizabeth Bowman | Tel: +44(0) 20 7397 8900 | |
| Financial PR | ||
| Bishopsgate Communications | ||
| Robyn Samuelson/Giang Nguyen | Tel: +44(0) 207562 3350 | |
| watermark@bishopsgatecommunications.com | ||
Copyright Business Wire 2009