TIDMPDZ

RNS Number : 1106K

Prairie Mining Limited

30 December 2020

PRAIRIE MINING LIMITED

   NEWS RELEASE |   30 DECEMBER 2020 

REPORT ON PAYMENTS TO GOVERNMENTS

Prairie Mining Limited ("Prairie" or "Company") and its controlled entities ("Group") provides information in accordance with DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules in respect of payments made by the Company to governments for the year ended 30 June 2020 and 2019 and in compliance with The Reports on Payments to Governments Regulations and its amendment in 2015.

The following schedule details payments made to relevant Polish government entities by its wholly owned Polish subsidiaries PD Co sp. z o.o. ("PD Co") and Karbonia S.A. ("Karbonia"). The Polish government is the only relevant party to whom payments have been made to.

 
                                                           Total Payments 
                                                             30 June 2020 
                                           ---------------------------------------------- 
                                                               PD Co:  Karbonia:    Total 
 Reporting Category                                                A$         A$       A$ 
-----------------------------------------  --------------------------  ---------  ------- 
 
 Production entitlements                                            -          -        - 
 Income Taxes                                                       -          -        - 
 Royalties                                                          -          -        - 
 Dividends                                                          -          -        - 
 Signature/discovery/production bonuses                             -          -        - 
 Licence fees (including mining usufruct 
  payments)                                                         -     47,061   47,061 
 Property taxes to local municipalities                             -    127,074  127,074 
 Infrastructure improvements                                        -          -        - 
 
 Total                                                             -     174,135  174,135 
=========================================  ==========================  =========  ======= 
 
 
                                                           Total Payments 
                                                             30 June 2019 
                                           ---------------------------------------------- 
                                                               PD Co:  Karbonia:    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 
  Kazimierz Chojna, Commercial 
  Officer 
 

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END

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December 30, 2020 02:55 ET (07:55 GMT)

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