Scorpex Receives Authorization From the Mexican Environmental Authority (PROFEPA) to Obtain Use and Operational Permits
July 18 2011 - 8:00AM
Marketwired
Scorpex, Inc. (PINKSHEETS: SRPX) (the "Company") today announces
that PROFEPA, the agency in Mexico responsible for monitoring and
enforcing environmental laws, has granted clearance to the Company
for obtaining "Use" and "Operational" permits. Many of the
employees of the environmental protection agency have visited and
inspected the site numerous times and participated in the studies
pertaining to the project.
Use permits from federal, state, and city governments, in
addition to a federal operational permit, are necessary for the
operation of a full service waste disposal and recycling company.
To obtain these permits, the Company has complied with all
governmental regulatory guidelines and directives, conducted
feasibility studies, and worked hand-in-hand with government
officials on key issues pertaining to zoning, road studies,
environmental guidelines, land and health issues, as well as
employment issues.
Joseph Caywood, Chief Executive Officer of Scorpex, stated,
"Over the past several years, Scorpex has overcome numerous hurdles
in order to meet the stringent requirements of Mexico. This most
recent approval gives the Company a positive recommendation and the
assurance that it has complied with and passed all required testing
and studies as well as the requirements for the planned and
presently completed property infrastructure, build outs and
improvements."
In conclusion, Mr. Caywood stated, "The Company is now poised to
receive use and operational permits after carefully complying with
all of the requests from the federal, state, and municipal
governments to date. We are very pleased with the progress we are
making towards the establishment of our first fully operational
facility and the execution of our business plan."
About Scorpex, Inc. Scorpex, Inc. is taking the necessary steps
to own and operate a full service waste disposal and recycling
company, capable of storing and disposing all types of waste,
including those classified as industrial, toxic, and hazardous. The
location chosen for the first Scorpex plant is strategically
positioned to accommodate the vast region of Baja California,
Mexico.
For more information, visit www.scorpex.com
About MissionIR MissionIR is committed to connecting the
investment community with companies that have great potential and a
strong dedication to building shareholder value. Through a full
suite of investor relations and consultancy services, we help
public companies develop and execute a strategic investor awareness
plan as we've done for hundreds of others. Whether it is capital
raising, increasing awareness among the financial community, or
enhancing corporate communications, we offer a variety of solutions
to meet the objectives of our clients.
For more information on Scorpex, Inc., visit
http://SRPX.MissionIR.com
This press release may contain certain forward-looking
statements regarding future circumstances. These forward-looking
statements are based upon the Company's current expectations and
assumptions and are subject to various risks and uncertainties that
could cause actual results to differ materially from those
contemplated in such forward-looking statements. Actual results,
events, and performance may differ. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as to the date hereof. The Company undertakes no
obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material.
Contact: Investor Relations J.R. Munoz 310-891-1838
Scorpex (CE) (USOTC:SRPX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Scorpex (CE) (USOTC:SRPX)
Historical Stock Chart
From Nov 2023 to Nov 2024