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Berkeley Energia - Permitting Update

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RNS Number : 1775V  Berkeley Energia Limited  03 April 2023

BERKELEY ENERGIA LIMITED

 

NEWS RELEASE | 3 April 2023

 

Permitting update

 

Berkeley Energia Limited (the "Company") advises that, following the formal
notification from the Ministry for Ecological Transition and the Demographic
Challenge ("MITECO") in relation to the rejection of the administrative appeal
filed by the Company's wholly owned Spanish subsidiary, Berkeley Minera
España  ("BME"), against MITECO's rejection of the Authorisation for
Construction for the uranium concentrate plant as a radioactive facility ("NSC
II") at the Salamanca project (refer announcement dated 7 February 2023), BME
has now submitted a contentious-administrative appeal before the Spanish
National Court.

MITECO's rejection of BME's administrative appeal concluded the administrative
process however, in accordance with the law in Spain, BME has now submitted
its contentious-administrative-appeal in the Spanish Courts to continue
defending its position.

In the Company's strong opinion, MITECO has rejected the NSC II application
and the administrative appeal without following legally established procedure,
including taking into account the various 'Improvement Reports' which
supplemented BME's initial NSC II application, which implies the rejection is
not legal.

Whilst the Company's focus is on resolving the current permitting situation,
and ultimately advancing the Salamanca project towards production, the Company
and BME will continue to strongly defend its position and take all necessary
actions to preserve its rights.

Initiation of the contentious-administrative appeal is necessary to preserve
BME's rights however, the Company reiterates that it is prepared to
collaborate with the relevant authorities and remains hopeful that the
permitting situation can be resolved amicably.

The Company will continue to update the market on any material developments.

 

For further information please contact:

 

Robert
Behets
Franciso Bellón

Acting Managing Director                     Executive
Director

+61 8 9322
6322                                   +34
923 193 903

info@berkeleyenergia.com (mailto:info@berkeleyenergia.com)

 

This announcement has been authorised for release by Mr Robert Behets,
Director.

 

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