Brief: St Barbara Says PNG Internal Revenue Commission Delivered Correspondence To Simberi Gold

St Barbara

24/12/2024 01:01

Dec 24 (Reuters) - St Barbara Ltd  SBM.AX :
    * PAPUA NEW GUINEA INTERNAL REVENUE COMMISSION DELIVERED
CORRESPONDENCE TO SIMBERI GOLD'S TAX AGENT
    * ST BARBARA AND SIMBERI GOLD REJECT IRC'S ARGUMENTS THAT
UNDERPIN
ASSESSMENTS
    * CONFIRMS ASSESSMENT WILL BE APPEALED WITHIN 60-DAY APPEAL
PERIOD.
    * IRC CORRESPONDENCE CONTAINS ASSESSMENT OF ADDITIONAL
TAXES,
INCLUSIVE OF 200% PENALTY IMPOSITION, PNG KINA (PGK) 523 MILLION

Further company coverage:  SBM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))