11 Dec 2014 07:00
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) Limited (NOMAD) | Steve Baldwin, Raj Khatri | Tel: +44 20 3037 2000 |
WH Ireland
| Adrian Hadden | Tel: +44 20 7220 1666 |
Media Enquiries Tavistock | Jos Simson, Mike Bartlett, Emily Fenton | Tel: +44 20 7920 3150 |
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.