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Prairie Mining Ltd (LSE:PDZ) | RNS | Prairie Mining Ltd - June 2021 Quarterly Report
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Prairie Mining Files Claim for Compensation Against Poland
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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.
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