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Investegate |Berkeley Energia Announcements | Berkeley Energia: Date of Annual General Meeting
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Berkeley Energia Limited ( Berkeley or the Company ) notes media reports following a meeting of the Commission of Ecological Transition of the Parliament in Spain ( Commission ) held on 8 April 2021, that discuss the Commission s approval of an amendment to the draft climate change and energy transition bill relating to the investigation and exploitation of radioactive minerals (e.g. uranium). Berkeley understands the Commission reviewed and approved the modified amendment proposed by the Ecological Transition Ponencia ( Ponencia ) in February 2021 (see announcement dated 24 February 2021) however, the Company awaits publication of the detailed text of the approved amendment to confirm this. · New applications for exploration, investigation or direct exploitation concessions for radioactive materials, nor their extensions, would not be accepted as of the entry into force of this law.
Berkeley s focus continues to be on progressing the approvals required to commence construction of the Salamanca mine and bring it into production. In August 2020, the Urbanism License ( UL ) was granted by the Municipality of Retortillo under the terms established in the Urbanism Law and Urban Planning Regulations of Castilla y León. The UL is a land use permit needed for construction works at the Salamanca mine. The grant of the UL was a significant permitting milestone for Berkeley and a positive step in the development of the project. Following the grant of the UL, the Company received formal notification from the Ministry for Ecological Transition and the Demographic Challenge ( MITECO ) that it had been granted the renewal of the Initial Authorisation for the uranium concentrate plant as a radioactive facility at the Salamanca project ( NSC I ) until there is a resolution on the Authorisation for Construction for th