Report on Payments to Govts

By

Regulatory News | 31 Dec, 2021

Updated : 07:00

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:

A$

Karbonia:

PLN

Karbonia:

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:

A$

Karbonia:

PLN

Karbonia:

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

Sapan Ghai, Head of Corporate Development

Kazimierz Chojna, Commercial Officer

 

 

 

 

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