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Court Upholds Termination of Earthworks’ Cortina Lease

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Court Upholds Termination of Earthworks’ Cortina Lease

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Earthworks Industries ( (TSE:EWK) ) has shared an announcement.

Earthworks Industries Inc. announced that the U.S. District Court for the Eastern District of California has upheld the termination of a lease between its subsidiary, Cortina Integrated Waste Management Inc., and the Kletsel Dehe Wintun Nation. The court denied CIWM’s motion for summary judgment and granted the motions of the defendants, which could impact Earthworks’ operations and its strategic positioning in waste management partnerships with indigenous communities.

More about Earthworks Industries

Earthworks Industries Inc. operates in the waste management industry, focusing on integrated waste management solutions through its subsidiary Cortina Integrated Waste Management Inc. The company is involved in managing waste disposal and environmental services, with a market focus on partnerships with indigenous nations.

Average Trading Volume: 317,131

Technical Sentiment Signal: Hold

Current Market Cap: C$8.54M

See more insights into EWK stock on TipRanks’ Stock Analysis page.

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