Galane Gold : 2019 Extractive Sector Transparency Measures Act Report

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name				Galane Gold Ltd
	From		To:
Reporting Year	01/01/2019	31/12/2019	Date submitted	28/05/2020
Reporting Entity ESTMA Identification Number	E519849		Original Submission
	Amended Report

Other Subsidiaries Included	Mupane Gold Mining (Pty) Ltd
(optional field)
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	Gavin Vandervegt	Date	28/05/2020
Position Title	CFO

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year	From:	01/01/2019	To:	31/12/2019
Reporting Entity Name			Galane Gold Ltd			Currency of the Report	USD
Reporting Entity ESTMA			E519849
Identification Number
Subsidiary Reporting Entities (if
necessary)
					Payments by Payee
		Departments, Agency, etc…							Infrastructure	Total Amount paid to
Country	Payee Name1	within Payee that Received	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Notes34
		Payments2							Improvement Payments	Payee
	Botswana Ministry of Minerals,										The fees represent the interest paid
Botswana			3,407,629		340,824				3,748,453 on the deferred portion of the
Energy and Water Resources
										royalties

Additional Notes:

Reporting Year	From:
Reporting Entity Name
Reporting Entity ESTMA
Identification Number
Subsidiary Reporting Entities (if
necessary)
Country	Project Name1
Botswana	Mupane Gold Mining (Pty) Ltd

Additional Notes3:

Extractive Sector Transparency Measures Act - Annual Report

01/01/2019	To:	31/12/2019
	Galane Gold Ltd	Currency of the Report	USD
	E519849

Payments by Project

Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure	Total Amount paid by	Notes23
						Improvement Payments	Project
								The fees represent the
	3,407,629		340,824				3,748,453	interest paid on the deferred
								portion of the royalties