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York Potash land acquisition

25 Oct 2013 07:00

RNS Number : 3595R
Sirius Minerals Plc
25 October 2013
 



 

25 October 2013

 

Sirius Minerals Plc

 

York Potash land acquisition

 

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") are pleased to confirm that its subsidiary York Potash Ltd has completed the purchase of Dove's Nest Farm ("the farm"), near Sneaton, Whitby.

The farm is the site of the proposed shafts and sub-surface processing buildings for the York Potash Project (the "Project"). The completed sale totals approximately 100 acres of freehold ownership and includes farm buildings, the farmhouse and three separate holiday accommodation units. The sale has been completed on fair market terms.

The farm will remain occupied and operational in advance of the approvals process being completed for the Project.

Chris Fraser, Managing Director and CEO of Sirius said:

"There is no greater evidence of our determination to achieve the approval and completion of this project than our purchase of Dove's Nest farm, the proposed location of the mine."

 

For further information, please contact:

Sirius Minerals Plc

Investor Relations

Tel:  +44 8455 240 247

Email:

ir@siriusminerals.com

NOMAD/ Joint Broker

Joint Broker

Media Enquiries

Macquarie Capital (Europe) Limited

Liberum Capital Limited

Bell Pottinger Pelham

Steve Baldwin,

Raj Khatri

Clayton Bush,

Tim Graham

Charles Vivian,

Lorna Spears

Tel: +44 20 3037 2000

Tel: +44 20 3100 2222

Tel: +44 20 7861 3232

 

About Sirius Minerals Plc

Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits. Today it holds properties in the United Kingdom (North Yorkshire) and the United States (North Dakota). 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
 
 
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