REG - GreenX Metals Ltd - Report on Payments to Govts

GreenX MetalsAnnouncement

31/12/2021 07:00

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RNS Number : 1217X  GreenX Metals Limited  31 December 2021

greenx metals limited
NEWS RELEASE | 31 DECEMBER 2021

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 2021 and 2020
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 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

 

                                                    Total Payments

30 June 2020
 Reporting Category                                 Karbonia:  Karbonia:  Karbonia:

                                                    A$         PLN        EUR

 Production entitlements                            -          -          -
 Income Taxes                                       -          -          -
 Royalties                                          -          -          -
 Dividends                                          -          -          -
 Signature/discovery/production bonuses             -          -          -
 Licence fees (including mining usufruct payments)  47,061     124,559    28,449
 Property taxes to local Polish municipalities      127,074    340,824    77,842
 Infrastructure improvements                        -          -          -
 Total                                              174,135    465,383    106,291

 

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 2.8337 AUD:PLN and 4.5271
PLN:EUR for the twelve months ended 30 June 2021, and 2.6514 AUD:PLN and
4.3784 PLN:EUR for the twelve months ended 30 June 2020.

 

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@pdz.com.au (mailto:info@prairiedownsmetals.com.au)
 Sapan Ghai, Head of Corporate Development

 Kazimierz Chojna, Commercial Officer

 

 

 

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