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TSX-V TRADING SYMBOL: CECVANCOUVER,
May 21, 2013 /PRNewswire/ - Compliance Energy Corporation ("Compliance" or the "Company) announces that its subsidiary, Compliance Coal Corporation, on behalf of itself and its joint venture partners, I-Comox Coal Inc. (a subsidiary of Itochu Corporation of
Japan) and LG International Investments (
Canada) Limited (a subsidiary of LG International Corp. of Korea) has received correspondence from the BC Environmental Assessment Office regarding the initial screening of its Application for an Environmental Assessment Certificate (the "Application") for the proposed Raven Underground Coal Project. This correspondence is available on the Government of
British Columbia's Environmental Assessment Office ("EAO") website at
In its correspondence, the EAO has determined that at this stage the Application does not yet contain all of the required information set out in the Application Information Requirements ("AIR") and has decided not to accept the Application for detailed review at this time. The screening review is a scan of the Application for the purposes of determining whether the AIR have been met, and does not constitute an in depth review to determine whether or not issues have been addressed and resolved to EAO's satisfaction. Receipt of Application screening comments is typical and not unexpected after a first review. The Company and its consultants are in the process of reviewing the comments returned by the EAO and plan to provide clarification or additional information and then resubmit the Application for further review once the comments have been adequately addressed.
On behalf of the Board of
COMPLIANCE ENERGY CORPORATIONJohn Tapics Chief Executive Officer
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 release.
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