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Prairie Mining Ltd (PDZ)

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Tuesday 31 December, 2019

Prairie Mining Ltd

Report on Payments to Govts

RNS Number : 3263Y
Prairie Mining Limited
31 December 2019
 

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 Payments
30 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.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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