Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name
Reporting Year
Reporting Entity ESTMA Identification Number
Other Subsidiaries Included (optional field)
For Consolidated Reports - Subsidiary Reporting Entities Included in Report:
Not Substituted
Attestation by Reporting Entity
Discovery Silver Corp. | |||||
From | 1/1/2020 | To: | 12/31/2020 | Date submitted | 5/27/2021 |
E489176 | Original Submission |
Amended Report | |
E375399 Levon Resources Ltd.
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.
Full Name of Director or Officer of Reporting Entity | Andreas L'Abbé | Date | 5/27/2021 |
Position Title | Chief Financial Officer |
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year | From: | 1/1/2020 | To: | 12/31/2020 | |
Reporting Entity Name | Discovery Silver Corp. | Currency of the Report | CAD |
Reporting Entity ESTMA | E489176 |
Identification Number | |
Subsidiary Reporting Entities (if | E375399 Levon Resources Ltd. |
necessary) | |
Payments by Payee
Country
Mexico
Departments, Agency, etc… | |
Payee Name1 | within Payee that Received |
Payments2 | |
Government of Mexico | Servicio de administración |
tributaria (SAT) | |
Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure | Total Amount paid to | Notes34 |
Improvement Payments | Payee | |||||||
659,125 | - | - | - | - | - | - | 659,125 | |
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Additional Notes:
- Tax payments made in Mexico relate to mining duties paid on properties and are due in January and July of each calendar year. Payments are denominated in Mexican pesos and have been translated to Canadian dollars at the prevailing Bank of Canada exchange rate on the date of payment of 1 MXP = 0.007009 CAD (January 2020 payment) and 1 MXP = 0.06035 CAD (July 2020 payment).
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year | From: | 1/1/2020 | To: | 12/31/2020 | ||||||||
Reporting Entity Name | Discovery Silver Corp. | Currency of the Report | CAD | |||||||||
Reporting Entity ESTMA | E489176 | |||||||||||
Identification Number | ||||||||||||
Subsidiary Reporting Entities (if | E375399 Levon Resources Ltd. | |||||||||||
necessary) | ||||||||||||
Payments by Project | ||||||||||||
Country | Project Name1 | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure | Total Amount paid by | Notes23 | ||
Improvement Payments | Project | |||||||||||
Mexico | Puerto Rico | $ | 59,451 | - | - | - | - | - | - | 59,451 | ||
Mexico | La Kika | $ | 9,480 | - | - | - | - | - | - | 9,480 | ||
Mexico | Minerva | $ | 16,229 | - | - | - | - | - | - | 16,229 | ||
Mexico | Monclova | $ | 38,624 | - | - | - | - | - | - | 38,624 | ||
Mexico | Jemi Rare | $ | 6,842 | - | - | - | - | - | - | 6,842 | ||
Mexico | Renata | $ | 15,920 | - | - | - | - | - | - | 15,920 | ||
Mexico | Santa Rosa | $ | 742 | - | - | - | - | - | - | 742 | ||
Mexico | Cordero | $ | 511,837 | - | - | - | - | - | - | 511,837 |
Additional Notes3: | 1) Tax payments made in Mexico relate to mining duties paid on properties and are due in January and July of each calendar year. Payments are denominated in Mexican pesos and have been translated to Canadian dollars at the prevailing Bank of Canada exchange rate on the date of payment of 1 MXP = |
0.007009 CAD (January 2020 payment) and 1 MXP = 0.06035 CAD (July 2020 payment). | |
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Disclaimer
Discovery Metals Corp. published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 14:00:05 UTC.