TIDMPDZ

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 
                                           ----------------------------------------------- 
                                                               PD Co:   Karbonia: 
                                                           Jan Karski   Debiensko 
                                                                 Mine        Mine    Total 
 Reporting Category                                                A$          A$       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   Email: info@pdz.com.au 
  Officer 
 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 rns@lseg.com or visit www.rns.com.

END

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