Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / financial-assurance-adequacy-adjustment-memo.docx
financial-assurance-adequacy-adjustment-memo.docx
Parties
Harkness LLP
Torchlight Mining Corp
Trust Inc
Ridgeline Accounting Partners LLP
Dates
February 20, 2025
July 14, 2025
June 14, 2025
September 12, 2025
June 14, 2026
March 15, 2027
Amounts
$245.0
$165.0
$80.0
$245.1
$343.5
$409.9
$198.6
$134.9
$187.5
$224.0
Obligations
The penalty, past-costs, SEP, and monitoring obligations represent separate payment obligations that TMC must satisfy from its general corporate funds
Initial Deposit: TMC is required to deposit $80
TMC must submit quarterly disbursement requests to EPA, accompanied by supporting documentation including invoices, contractor certifications, and progress reports
The first annual review is required to be completed within 12 months of the Effective Date of the consent decree — i
The formal decision must set forth EPA's rationale, including any reliance on updated cost estimates, regulatory requirements, or other relevant factors
When an increase to the total financial assurance amount is required, TMC must allocate the increase between the surety bond and the trust fund