Prairie Mining #PDZ – Update regarding discussions on possible co-operation with JSW

Further to Prairie Mining #PDZ announcement on 29 March 2018 on the possible co-operation between Prairie and Jastrzębska Spółka Węglowa SA (“JSW”), Prairie notes recent press articles regarding comments by representatives from JSW on possible transaction(s) between the Company and JSW with respect to Prairie’s Polish coal projects. The Company advises that discussions continue to take […]

Prairie Mining #PDZ – Issue of shares on conversion of convertible note

Prairie Mining Limited #PDZ announces that 44,776,120 fully paid ordinary shares have been issued today upon conversion of the convertible loan note with a principal amount of $15,000,000, exchangeable into 44,776,120 ordinary shares at a conversion price of $0.335 per share (Loan Note 1) and the subsequent issue of 22,388,060 unlisted options exercisable at $0.60 […]

Prairie Mining #PDZ – Debiensko concession amendment and application update

In December 2016, following the acquisition of the Debiensko Hard Coking Coal Mine, Prairie Mining Limited applied to the Ministry of Environment (“MoE”) to amend the 50 year Debiensko mining concession. The purpose of the concession amendment was to extend the time stipulated in the mining concession for first production of coal from 2018 to […]

Prairie Mining #PDZ – March 2018 quarterly report highlights

MARCH 2018 QUARTERLY REPORT Highlights from and subsequent to the quarter end: Possible Co-Operation between Prairie and JSW During the quarter, Prairie noted press articles regarding possible co-operation between the Company and Jastrzębska Spółka Węglowa SA to progress the development and exploitation of the Company’s Polish coking coal assets. Prairie confirmed that meetings were held […]

Prairie Mining #PDZ – Jan Karski update – Favourable Court Decision

On 3 April 2018, Prairie Mining Limited announced that it had commenced legal proceedings against Poland’s Ministry of Environment due to its failure to grant Prairie a Mining Usufruct Agreement over the concessions which form the Jan Karski Mine and in order to protect the Company’s security of tenure over the Project. Pursuant to the […]

Prairie Mining #PDZ – JP Morgan increases holding to 5.3%

TR-1: Standard form for notification of major holdings   NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Prairie Mining Limited 1b. Please indicate if the issuer is […]