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Earthworks Awaits Litigation Outcome on Canceled Lease

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Earthworks Awaits Litigation Outcome on Canceled Lease

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The latest announcement is out from Earthworks Industries ( (TSE:EWK) ).

Earthworks Industries Inc. has received a response to a legal complaint challenging the U.S. Department of the Interior’s cancellation of a federally approved lease between its subsidiary, CIWM, and the Kletsel Dehe Wintun Nation. This legal development reflects ongoing efforts by the company to resolve the dispute and potentially restore the lease, which is crucial for its waste management operations and partnership with the indigenous community.

More about Earthworks Industries

Earthworks Industries Inc. is involved in the waste management industry through its wholly owned subsidiary, Cortina Integrated Waste Management Inc. (CIWM). The company focuses on developing and managing waste management solutions, with a specific market focus on projects involving partnerships with indigenous communities, such as the Kletsel Dehe Wintun Nation of the Cortina Rancheria in California.

YTD Price Performance: 31.58%

Average Trading Volume: 87,960

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.66M

Learn more about EWK stock on TipRanks’ Stock Analysis page.

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