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Tag: TSXV:EPK

EPM Mining Ventures Inc. (TSXV:EPK) announced the formation of the “Utah High Cost Infrastructure Development Tax Credit” which could have a direct positive impact on the Company’s Sevier Playa Sulphate of Potash Project located in southwestern Utah.

As quoted in the press release,

Senate Bill 216 (“SB 216″) was signed into law by Utah Governor Gary Herbert on March 30, 2015, creating the Infrastructure Tax Credit. The Infrastructure Tax Credit is a post-performance tax credit for all state taxes generated by a new business or expansion of an existing business in the state of Utah and provides for a total tax incentive over a twenty-year period of up to 50% of “qualifying infrastructure” costs incurred by the business.

Lance D’Ambrosio, Chief Executive Officer of EPM stated:

The state of Utah has demonstrated its intention to aggressively retain its title as one of the best states for business. The Infrastructure Tax Credit was tailor-made for companies like ours which are looking to develop Utah’s rich mineral resources and to expand Utah’s economic future. The impact of the Infrastructure Tax Credit is very significant because the qualifying utility infrastructure costs under the incentive are projected to be as much as $150 million so the program has the potential to substantially reduce net capital expenditure costs.

Click here for the full EPM Mining Ventures Inc. (TSXV:EPK) press release

 

 

EPM Mining Ventures Granted Minor Source Air Permit for Sevier Playa

EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) announced that the Utah Division of Air Quality has given its approval for a minor source air permit application for the Sevier Lake Playa Sulphate of Potash project in southwestern Utah. EPM has pursued a “dual permit approach” to their air quality management program.

EPM Mining Granted Water Rights Application

EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) announced that the Utah State Engineer has approved all water rights applications for the company’s Sevier Lake Playa Sulphate of Potash Project in southwestern Utah.

EPM Mining Ventures Adopts Advance Notice Provision By-Laws

EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) will hold its annual and special meeting of shareholders at 4:30 p.m. on June 23, 2014, Toronto time. EMP has fixed May 23, 2014 as the record date to determine shareholders entitled to vote at the meeting. Furthermore, the board of directors of EPM Mining

Potash Market Showing Signs of Recovery

Industrial Alliance analyst Kiril Mugerman spoke with Resource Investing News about the state of the current potash market. Mugerman also gives his thoughts on juniors potash companies operating in the sector.

EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) reported progress on the Environmental Impact Statement for Sevier Lake Playa Sulphate of Potash Project. As of the second week of January 2014, the Environmental Impact Statement Notice of Intent was transferred from the BLM Utah State office to the BLM Washington D.C. office.

As quoted in the press release:

The BLM’s Fillmore Field Office (“FFO”) started the process to post the Notice of Intent (“NOI”) to prepare an EIS in the Federal Register after the selection of the third-party contractor, which occurred in August 2013. The NOI for the EIS must be posted in the Federal Register before the public scoping process can begin. As of the second week of January 2014, the EIS NOI was transferred from the BLM Utah State office to the BLM Washington D.C. office.

EPM Mining CEO, Lance D’Ambrosio, said:

We are delighted to have the NOI progress to the BLM’s federal office. We look forward to its posting in the Federal Register so the public comment process can begin. EPM is very fortunate to have such a great permitting team whose diligent and methodical approach has kept our project moving from one milestone to the next.

Click here to read the EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) press release
Click here to see the EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) profile.

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