Earthworks Update ON Cortina Lease
EARTHWORKS UPDATE ON CORTINA LEASE
TSX-V: EWK
OTCQB: EAATF
VANCOUVER, BC
,
February 14, 2025
/CNW/ - Earthworks Industries Inc. (the "Company"), reports
that the Company's U.S. attorneys will be proceeding with their next steps in the U.S District Court
for the Eastern District of
California
action, challenging the Order of the U.S. Department of the
Interior's, Interior Board of Indian Appeals (IBIA), purporting to cancel the federally approved lease
between the Company's wholly owned subsidiary, Cortina Integrated Waste Management Inc.
(CIWM) and the Kletsel Dehe Wintun Nation of the Cortina Rancheria,
California
.
With the government's Answer now filed, in accordance with the U.S. Federal Rules of Civil
Procedure, the parties will meet and confer to agree on a briefing schedule. Based on the agreed
upon schedule, the Government will lodge an administrative record. CIWM will then, based on the
schedule, file a motion for summary judgement, and the government would oppose and file its own
cross-motion for summary judgement. The court will decide the merits of the case based on those
cross-motions for summary judgement.
Management is proceeding assertively, and we are looking forward to achieving successful
resolution. We are now also looking for additional new opportunities that the model at Cortina
offers. Cortina is intended to be the blueprint for future opportunities in the waste handling and
recycling space and the Company will continue to pursue future developments on both tribal and
private land with the highest standards in the industry.
Forward Looking Statements
:
The news release contains "forward-looking information" and "forward-looking statements"
(collectively 'forward-looking statements") within the meaning of the applicable Canadian securities
regulations. All statements, other than statements of historical fact, are forward-looking statements
and are based on expectations, estimates and projections as at the date of this news release. Any
statements that involve discussions with respect to predictions, expectations, beliefs, plans,
projections, objective assumptions, future events or performance (often but not always using
phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not
anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or "may"
or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of
historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance, or achievements of the Company or CIWM to be
materially different from any future results, performance or achievements expressed or implied by
the forward-looking statements. Factors that could cause actual results to differ materially from
those anticipated in these forward-looking statements are described under the "Risks and
Uncertainties Statement" attached to this news release. Forward- looking statements contained
herein are made as of the date of this news release. The Company will update these forward-
looking statement and Risks and Uncertainties as a result of new information, results, future events,
circumstances, or if management's estimates or opinions should change, or otherwise. There can be
no assurance that forward-looking statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on the forward-looking statements.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
News Release.
SOURCE
Earthworks Industries Inc.
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For further information:
For further information, contact: Earthworks Industries Inc., 604-669-3143
CO: Earthworks Industries Inc.
CNW 10:00e 14-FEB-25