JPX Global, Inc. Announces Additional Waste Processing Site in Mexico
April 25 2014 - 8:43AM
Business Wire
JPX Global, Inc. (OTCBB: JPEX) (the "Company"), announced today
through its exclusive license with Tratamientos Ambientales
Scorpion S.A. de C.V., ("TAS") a Mexican corporation, it is
developing approximately 26 acres at Fraccion A-2 Del Rancho El
Encinito Km 18.7 Carretera A Ensenada-OJOS Delegacion Real Del
Castillo, Ensenada, B.C. CP 22800 for the purpose of storing and
disposing of residential and commercial, toxic, non-toxic,
hazardous and non-hazardous waste.
In Addition to the Ensenada property detailed above, TAS has
finalized a lease for a second property of approximately 5
hectacres located at Parcela 45 Y 46 Plan Libertador Blvd. 2000,
Rosarito, B.C. This Rosarito lease is a 6-month term lease with a
lessee option to renew every 6-months indefinitely. The cost for
the lease is $2500 per month.
Jim Foran, Chief Executive Officer of JPX Global stated, “As we
build a foundation for our long term operations we believe that a
second location in the Baja California region will assist in our
long term business plan. This second site will be for processing,
storage, and/or as a transfer station, depending on what we feel
will be our greatest need. The authorizations to process waste will
allow us to operate and build on both the Rosarito and Ensenada
properties.”
About JPX Global, Inc.
JPX Global's purpose is to develop mineral extraction and also
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.
Investor Relations Contact:DME Capital LLCDavid Elias,
516-967-0205
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