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Bullboard - Stock Discussion Forum Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."

TSXV:MTMH - Post Discussion

Mitec Technologies > From Days Gone By
View:
Post by birdie22 on Aug 28, 2015 7:04am

From Days Gone By

Mitec receives correspondence from EPA

T.MTM

TORONTO, Aug. 25, 2015 /CNW/ - Mitec Technologies Inc. ("Mitec") announces that it recently received correspondence from the United States Environmental Protection Agency (the "EPA") involving a legacy environmental issue at a site in Williston, Vermont in which Mitec has had some prior involvement.

The issue was brought to Mitec's attention although a separate entity other than Mitec leased a building and operated a facility in Williston in the late 1980s for several years. Nevertheless, Mitec has actively worked with all parties over many years in attempts to resolve the issues, including entering into a settlement agreement as recently as 2009 and having made payments to mitigate any potential liability.

At the present time, the site involved has been approved for public funding for further investigation and developing a remediation plan under existing EPA programs and subject to their criteria for choosing a cleanup plan.
Mitec is not aware of any potential liability at this time relating to this matter.


Read more at https://www.stockhouse.com/news/press-releases/2015/08/25/mitec-receives-correspondence-from-epa#GQ10ba7tawTPDui8.99
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