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DPM Metals Inc. (TSX: DPM,OTC:DPMLF, ASX: DPM) (“DPM” or “the Firm”) confirmed that it acquired notification from the Ministry of Setting and Power that it has revoked the environmental licence for the Loma Larga mission in Ecuador.
“DPM is dedicated to the very best requirements of environmental stewardship and transparency, and we strictly adjust to the legal guidelines within the nations the place we function,” stated David Rae, President and CEO.
“We’re deeply involved by the choice to revoke our environmental licence, which was issued in June following a rigorous course of by the federal government to make sure excessive Ecuadorian requirements are utilized within the improvement of Loma Larga. We’re assured that our environmental administration plan and the sturdy atmosphere safety measures in place for Loma Larga are in compliance with these requirements.
“Accountable administration of water and the delicate environmental ecosystem close to Loma Larga are key concerns within the mission’s design. Water research performed by impartial consultants, DPM and the regulators, constantly show that the mission would don’t have any hostile impression on water provide.
“In mild of this improvement we’re assessing all accessible choices to protect worth and preserve optionality for our shareholders.”
About DPM Metals Inc.
DPM Metals Inc. is a Canadian-based worldwide gold mining firm with operations and initiatives positioned in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. Our strategic goal is to develop into a mid-tier valuable metals firm, which relies on sustainable, accountable and environment friendly gold manufacturing from our portfolio, the event of high quality belongings, and sustaining a powerful monetary place to help development in mineral reserves and manufacturing by way of disciplined strategic transactions. This technique creates a platform for sturdy development to ship above-average returns for our shareholders. DPM trades on the Toronto Inventory Change (image: DPM) and the Australian Securities Change (image: DPM).
For additional info please contact:
Jennifer Cameron
Director, Investor Relations
Tel: (416) 219-6177
jcameron@dpmmetals.com
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