31st Dec 2019 07:05
PRAIRIE MINING LIMITED
NEWS RELEASE | 31 DECEMBER 2019
REPORT ON PAYMENTS TO GOVERNMENTS
Prairie Mining Limited ("Prairie" or "Company") and its controlled entities ("Group") provides information in accordance with London Stock Exchange Listing Rule DTR 4.3A in respect of payments made by the Company to governments for the year ended 30 June 2019 and in compliance with The Reports on Payments to Governments Regulations and its amendment in 2015.
The following schedule details payments made to Polish government entities by its wholly owned Polish subsidiaries PD Co sp. z o.o. ("PD Co") and Karbonia S.A. ("Karbonia"). Further, due to the operational focus of the Group during the year ended 30 June 2019, the Polish government is the only relevant party to whom payments are made.
Total Payments30 June 2019 | |||
Reporting Category | PD Co:Jan Karski Mine A$ | Karbonia:Debiensko Mine A$ | Total A$ |
Production entitlements | - | - | - |
Income Taxes | - | - | - |
Royalties | - | - | - |
Dividends | - | - | - |
Signature/discovery/production bonuses | - | - | - |
Licence fees (including mining usufruct payments) | - | 46,188 | 46,188 |
Property taxes to local municipalities | - | 134,248 | 134,248 |
Infrastructure improvements | - | - | - |
Total | - | 180,436 | 180,436 |
This report is also available to download at www.pdz.com.au.
For further information, please contact:
Prairie Mining Limited | Tel: +44 207 478 3900 |
Ben Stoikovich, Chief Executive Officer | Email: [email protected] |
Sapan Ghai, Head of Corporate Development |
This announcement as been authorised for release by the Company's Chief Executive Officer, Mr Ben Stoikovich.
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