EU Home Member State

prairie mining limited

NEWS RELEASE | 4 January 2021

EU Home Member State

In accordance with the EU Transparency Directive (2004/109/EC) (TD), Prairie Mining Limited (Prairie or Company) advises that following the end of the United Kingdom's (UK) transition period for leaving the European Union (EU) (1 January 2021), the Company's home Member State for its shares admitted to trading on regulated markets in the EU27 / EEA EFTA ('EU economic area') automatically ceases to be the UK and will now be the Republic of Poland and that the competent authority of the home Member State is the Polish Financial Supervision Authority (KNF).

Given that the only regulated market in the EU27 / EEA EFTA where the Company's shares are admitted for trading is the Warsaw Stock Exchange, the KNF will be the competent authority for shares trading on the Warsaw Stock Exchange only. The KNF will not be the competent authority for shares traded on the Australian Securities Exchange, London Stock Exchange or any other non-regulated market (e.g. Germany), however, the Company will be required to adhere to all applicable listing rules for each regulated market.

Home Member State status may be revised should any future agreement between the UK and the EU be reached post-Brexit regarding equivalence or passporting arrangements.

In accordance with the TD, the Company confirms that its registered office continues to be:

Level 9, 28 The Esplanade, Perth WA 6000, Australia

For further information, please contact: