REG - GreenX Metals Ltd - Report on Payments to Governments

GreenX MetalsAnnouncement

22/12/2022 07:00

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RNS Number : 5587K  GreenX Metals Limited  22 December 2022

GREENX METALS LIMITED
NEWS RELEASE | 22 DECEMBER 2022

REPORT ON PAYMENTS TO GOVERNMENTS

 

GreenX Metals Limited ("GreenX" 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 2022 and 2021
and in compliance with The Reports on Payments to Governments Regulations and
its amendment in 2015.

 

The following schedule details payments made to municipal and local Polish
government entities, including the Czerwionka-Leszczyny and Zebrzydowice
municipalities, by its wholly owned Polish subsidiary Karbonia S.A.
("Karbonia"), which holds the Debiensko project. Municipal and local Polish
government entities are the only relevant parties to whom material payments
have been made to.

 

                                                    Total Payments

30 June 2022
 Reporting Category                                 Karbonia:  Karbonia:  Karbonia:

                                                    A$         PLN        EUR

 Production entitlements                            -          -          -
 Income Taxes                                       -          -          -
 Royalties                                          -          -          -
 Dividends                                          -          -          -
 Signature/discovery/production bonuses             -          -          -
 Licence fees (including mining usufruct payments)  2,436      7,259      1,570
 Property taxes to local Polish municipalities      71,614     213,401    46,138
 Infrastructure improvements                        -          -          -
 Total                                              74,050     220,660    47,708

 

                                                    Total Payments

30 June 2021
 Reporting Category                                 Karbonia:  Karbonia:  Karbonia:

                                                    A$         PLN        EUR

 Production entitlements                            -          -          -
 Income Taxes                                       -          -          -
 Royalties                                          -          -          -
 Dividends                                          -          -          -
 Signature/discovery/production bonuses             -          -          -
 Licence fees (including mining usufruct payments)  27,548     78,063     15,284
 Property taxes to local Polish municipalities      124,528    352,878    69,089
 Infrastructure improvements                        -          -          -
 Total                                              152,076    430,941    84,373

 

Exchange Rates

 

In compliance with Polish reporting requirements, figures of the consolidated
Report on Payments to Governments have been converted into PLN and EUR (from
the Group's presentation currency) by applying the arithmetic average for the
final day of each month for the reporting period, as published by the National
Bank of Poland ("NBP"). These exchange rates were 2.9799 AUD:PLN and 4.6253
PLN:EUR for the twelve months ended 30 June 2022, and 2.8337 AUD:PLN and
4.5271 PLN:EUR for the twelve months ended 30 June 2021.

 

This report is also available to download at www.greenxmetals.com.

 

Enquiries:

 

 GreenX Metals Limited                      Tel: +44 207 478 3900
 Ben Stoikovich, Chief Executive Officer    Email: info@greenxmetals.com (mailto:info@greenxmetals.com)
 Sapan Ghai, Head of Corporate Development

 Kazimierz Chojna, Commercial Officer

 

 

 

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