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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

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Post by PetroLoonie1on Nov 14, 2019 9:27pm
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Post# 30354061

Water Lease Advancing to Final Steps

Water Lease Advancing to Final Steps

https://www.kitco.com/news/2019-11-14/Alexco-Resource-says-water-license-renewal-is-in-final-steps.html

The company said it completed the planned surface capital construction activities at the Bermingham deposit. Alexco said it has all the necessary permits and authorizations for future ore production from Bellekeno, Flame & Moth, Lucky Queen, and Onek deposits. Amendments to the company's Quartz Mining Licence is expected in the fourth quarter.

The company said its water license is also advancing.

"The company is in the final steps of renewing the Water Use Licence (“WUL”) with a Technical Pre-Hearing Conference scheduled for early December 2019. Following this process step, the final issuance of the WUL renewal will be subject to consideration by the Yukon Water Board and will likely extend into Q1 2020," said the company in a news release.

 
 
 





https://www.kitco.com/news/2019-11-14/Alexco-Resource-says-water-license-renewal-is-in-final-steps.html
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