GreenX Metals Limited Report on Payments to Governments (5587K)
22 December 2022 - 6:00PM
UK Regulatory
TIDMGRX
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
--------------------------------
Karbonia: Karbonia: Karbonia:
Reporting Category 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
--------------------------------
Karbonia: Karbonia: Karbonia:
Reporting Category 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
Sapan Ghai, Head of Corporate Development
Kazimierz Chojna, Commercial Officer
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