Kicking Horse Energy Inc. (fka CXLIF)

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Contact's JV Partner--Goldboro LNG Environmental Assessment Filed

Pieridae Energy is pleased to inform you that the Environmental Assessment report for the proposed Goldboro LNG project has been submitted to Nova Scotia Environment. The report was completed after much consultation with local communities, government agencies, and engagement with First Nation communities.

The report provides a comprehensive description of the proposed project, a detailed description of the existing environmental conditions, as well as a thorough assessment of potential environmental effects and how the project will mitigate and/or compensate for adverse effects.

The environmental assessment confirmed that with the proposed environmental management, mitigation, and compensation, adverse effects will be largely localized, short-term and reversible. None of the directly affected project areas are considered critical habitat for Species at Risk.

The assessment also confirmed that the economic benefits of the project will provide a significant opportunity for the Municipality of the District of Guysborough, local communities, the Province of Nova Scotia and Atlantic Canada.

The Goldboro LNG project environmental assessment report can be viewed at https://www.novascotia.ca/nse/ea/Projects.asp. Hard copies of the report are also made available in various locations listed on the website.

The report is now subject to review by an Environmental Assessment Panel. The review process will include opportunity for public input. The EA Panel will be accepting comments until December 16, 2013. Details will be posted in local newspapers and on the project website www.GoldboroLNG.com.

Please note, while we remain committed to an open dialogue, at this stage in the approvals process your concerns and support for the project should be directly communicated to the Environmental Assessment Panel. The contact information is available on Nova Scotia Environment website above.

This is a major milestone for the Goldboro LNG project and we thank you for your continued interest.

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