| Extractive Sector Transparency Measures Act - Annual Report | ![]() |
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| Reporting Entity Name | Copper Mountain Mine (BC) LTD | ||||||
| Reporting Year | From | 1/1/2023 | To: | 12/31/2023 | Date submitted | 5/28/2024 | |
| Reporting Entity ESTMA Identification Number | E037058 | ||||||
| Other Subsidiaries Included (optional field) |
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| Not Consolidated | |||||||
| Not Substituted | |||||||
| Attestation by Reporting Entity | |||||||
| 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 | Eugene Lei | Date | 5/28/2024 | ||||
| Position Title | Chair of the Board | ||||||
| Extractive Sector Transparency Measures Act - Annual Report | |||||||||||
| Reporting Year | From: | 1/1/2023 | To: | 12/31/2023 | |||||||
| Reporting Entity Name | Copper Mountain Mine (BC) LTD | Currency of the Report | CAD | ||||||||
| Reporting Entity ESTMA Identification Number | E037058 | ||||||||||
| Subsidiary Reporting Entities (if necessary) | |||||||||||
| Payments by Payee | |||||||||||
| Country | Payee Name | Departments, Agency, etc — within Payee that Received Payments |
Taxes | Royalties | Fees | Production Entitlements |
Bonuses | Dividends | Infrastructure Improvement Payments |
Total Amount paid to Payee |
Notes |
| Canada | Provincial Government of British Columbia | Ministry of Finance | 650,000 | 260,000 | 910,000 | ||||||
| Canada | Town of Princeton | 630,000 | 630,000 | ||||||||
| Canada | Lower Similkameen Indian Band | 340,000 | 340,000 | ||||||||
| Canada | Upper Similkameen Indian Band | 340,000 | 340,000 | ||||||||
| Additional Notes: | (a) Taxes for the purposes of ESTMA do not align with the definition of "income taxes" under IFRS, as a result the numbers from the ESTMA reporting cannot be tied directly to our cash flow statement as disclosed in our audited financial statements. | ||||||||||
| Extractive Sector Transparency Measures Act - Annual Report | |||||||||||
| Reporting Year | From: | 1/1/2023 | To: | 12/31/2023 | |||||||
| Reporting Entity Name | Copper Mountain Mine (BC) LTD | Currency of the Report | USD | ||||||||
| Reporting Entity ESTMA Identification Number | E037058 | ||||||||||
| Subsidiary Reporting Entities (if necessary) | |||||||||||
| Payments by Project | ||||||||||
| Country | Project Name | Taxes (a) | Royalties | Fees | Production Entitlements |
Bonuses | Dividends | Infrastructure Improvement Payments |
Total Amount paid by Project |
Notes |
| Canada | British Columbia | 1,280,000 | - | 940,000 | 2,220,000 | |||||
| Additional Notes: | (a) Taxes for the purposes of ESTMA do not align with the definition of "income taxes" under IFRS, as a result the numbers from the ESTMA reporting cannot be tied directly to our cash flow statement as disclosed in our audited financial statements. | |||||||||