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Prairie Mining files £806m arbitration claim against Poland | 9 June 2021


9 June 2021 | 09:49am
StockMarketWire.com - Prairie Mining said it had filed an arbitration claim against Poland worth £806 million.
The company said the move was part of ongoing international arbitration claims against Poland under both the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty.
The claim included an assessment of the value of Prairie s lost profits and damages related to both the JKM and Debiensko mines, and accrued interest related to any damages.
Prairie said it was well funded to pursue the claim with a $12.3 million litigation funding agreement.
At 9:49am: [LON:PDZ] Prairie Mining Ltd share price was 0p at 11.5p ....

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