BRIGHTON, Mich.--(BUSINESS WIRE)--JPX Global, Inc. (OTC: JPEX) (the "Company"), announced today through its exclusive license with Tratamientos Ambientales Scorpion S.A. de C.V., ("TAS") a Mexican corporation, has received a Land Use Permit for the construction of a waste processing plant based on thermal oxidation for the purpose of processing hazardous and non-hazardous waste on plots No. 45 and 46 Ejido Plan Libertador, Km 35+000 Boulevard 2000 Ros-Tij, of this Municipality of Playas de Rosarito, B.C., Mexico.
This Land Use Permit from the Municipality of Rosarito is an important benchmark and allows us to obtain our construction permits and other operating permits. The Company can now progress towards construction and eventual operations.
Chief Executive Officer Jim Foran stated, This Land Use Permit from the Municipality of Rosarito is an important benchmark and allows us to obtain our construction permits and other operating permits. The Company can now progress towards construction and eventual operations.
About JPX Global, Inc.
JPX Global's purpose is to provide municipalities with management and disposal of solid municipal waste, including energy co-generation. The Company's commitment to the municipality is to provide a cost effective, green solution to managing waste supply.
About Tratamientos Ambientales Scorpion S.A. de C.V.
TAS is a Mexican holding company that owns property and has licensed its assets exclusively to JPX Global, Inc. in return for twenty percent (20%) of net revenues from operations in Mexico.
For more information, visit www.jpxglobal.net
This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.
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