BOUCHERVILLE, QUEBEC — (Marketwired) — 06/25/13 — Quebec-s Minister of Sustainable Development, Environment, Wildlife and Parks (the "Minister"), Yves-Francois Blanchet, has served Strateco (TSX: RSC)(FRANKFURT: RF9) with a notice indicating that he plans to "refuse to issue the permit for the Matoush underground exploration project" due to "a lack of sufficient social acceptability".The notice also grants Strateco 60 days to present its observations to the Min
Other legal proceedings also undertaken
BOUCHERVILLE, QUEBEC — (Marketwire) — 03/28/13 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) denounces the announcement made today by the Minister of Environment regarding uranium exploration and mining."In addition to overlooking the recommendations of his own review committee, the Minister has also completely ignored the Canadian Nuclear Safety Commission-s expert opinion. These internationally recognized experts have all concluded, without exception, th
BOUCHERVILLE, QUEBEC — (Marketwire) — 03/21/13 — At the initial case management session held in Quebec City on March 20, 2013, on its motion for mandamus and declaratory judgment, Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) informed the Superior Court of Quebec that it had decided to amend its petition to limit it to the motion for mandamus, in the interest of accelerating the judicial process."Our goal is to get a rapid response from the Court after 20 mo
BOUCHERVILLE, QUEBEC — (Marketwire) — 03/06/13 — Strateco Resources inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) looked at results from a Leger Marketing survey on the mining industry in general and uranium.The survey shows that three quarters of Quebecers are not aware of any uranium mining project in Quebec. It should be noted that the Matoush project is not a uranium mining project but rather and advanced exploration project.Furthermore, only 22 percent of Quebecers wish for a
BOUCHERVILLE, QUEBEC — (Marketwire) — 02/19/13 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) is pleased to announce that its request for special case management of its motion for mandamus and declaratory judgement has been favourably received by the Associate Chief Justice of the Quebec Superior Court, and that the Honourable Justice Danielle Blondin of the Quebec Superior Court has been appointed for that purpose.Furthermore, Strateco and the Attorney General
BOUCHERVILLE, QUEBEC — (Marketwire) — 02/08/13 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) announces that, further to its motion for mandamus and declaratory judgement (ref. news release dated January 17, 2013), it filed a motion on February 7, 2013, for special case management. Strateco has asked the Associate Chief Justice of the Quebec Superior Court to appoint a judge to oversee the proper conduct of the proceedings. This motion, which will be presented t
BOUCHERVILLE, QUEBEC — (Marketwire) — 01/17/13 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT : RF9) announces that it has filed a motion for mandamus and declaratory judgement with the Quebec Superior Court. Among other things, the motion is intended to ensure that the Quebec ministry of sustainable development, environment, wildlife and parks (Ministere du Developpement durable, de l-Environnement, de la Faune et des Parcs, or "MDDEFP") comes to a decision
BOUCHERVILLE, QUEBEC — (Marketwire) — 12/20/12 — Strateco Resources Inc. ("Strateco" or the "Company") (TSX: RSC)(FRANKFURT: RF9) is pleased to announce that it has closed a $3 million bridge loan with an accredited investor, The Sentient Group ("Sentient"), an insider of the Company.The loan is secured and must be repaid within 10 business days from the receipt by Strateco of the 2012 tax credits for resources, or at the latest, by December 10, 2013. The loan
BOUCHERVILLE, QUEBEC — (Marketwire) — 12/20/12 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) is pleased to announce that it completed the buyback today of the 2% NSR royalty on production from its Matoush property.Strateco paid Ditem Exploration Inc., the owner of the royalty, CA $1 million. In the current challenging financial context, this 2% buyback allows Strateco to consider non-equity modes of financing.Strateco owns 100% of the Matoush uranium property,