Prairie Mining Ltd (LSE:PDZ) | RNS | Prairie Mining Ltd - June 2021 Quarterly Report proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Prairie Mining Limited (Prairie or the Company) is pleased to present its Quarterly Report for the period ending 31 December 2020.
· International arbitration claims (Claim) against the Republic of Poland under both the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty (Treaties) ongoing with the proceedings having now been constituted and a quantum expert being appointed by the Company during the quarter.
➢ Prairie alleges that the Republic of Poland has breached its obligations under the Treaties through its actions to block the development of the Company s Jan Karski and Debiensko mines in Poland.
➢ The Republic of Poland s actions have deprived Prairie of the entire value of its investments in Poland.