23 May 2013 15:19
23 May 2013
Sirius Minerals Plc
York Potash Project holding objection update
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") are pleased to provide an update on the holding objection submitted by the Ministry of Defence to the York Potash Project planning application.
Following a meeting with representatives from the Ministry of Defence ("MoD") and RAF Fylingdales the Company has been informed that the MoD is minded to remove its holding objection to the York Potash planning application. This will occur following the successful agreement of planning conditions between the MoD, the North York Moors National Park Authority ("NYMNPA") and the Company which will allow for an on-going programme of monitoring to ensure no impact on the important facility.
The Company has been informed during its recent meeting with the MoD that it intends to agree these conditions in advance of a planning decision for the mine planning application, which is due to be made by the NYMNPA on 2 July 2013.
Chris Fraser, Managing Director and CEO of Sirius, commented:
"We welcome the MoD's intention to remove the objection following the submission of extra technical information showing that RAF Fylingdales will not be affected by the York Potash Project impact.
"Planning conditions are a sensible way to ensure important consultees are given comfort on our on-going commitment to the issues they raise, without incurring unnecessary delays."
For further information, please contact:
Sirius Minerals Plc | |||
Investor Relations
| Tel: +44 8455 240 247
| Email: ir@siriusminerals.com | |
NOMAD/ Joint Broker | Joint Brokers | Joint Brokers | Media Enquiries |
Macquarie Capital (Europe) Limited | Liberum Capital Limited | Jefferies Hoare Govett | Pelham Bell Pottinger |
Steve Baldwin, Raj Khatri | Michael Rawlinson, Clayton Bush | Peter Bacchus, Thomas Rider | Charles Vivian, Lorna Spears |
Tel: +44 20 3037 2000 | Tel: +44 20 3100 2222 | Tel: +44 20 7029 8000 | 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), the United States (North Dakota), and Australia (Queensland). 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.