Steppe Gold : ESTMA Report 2024
STGO.TO
Published on 05/29/2025 at 11:18
Extractive Sector Transparency Measures Act - Annual Report
Reporting Entities May Insert Their Brand/Logo here
Reporting Entity Name
Steppe Gold Ltd.
Reporting Year
From
2024-01-01
To:
2024-12-31
Date submitted
2025-05-30
Reporting Entity ESTMA Identification Number
E913609
Original Submission Amended Report
Other Subsidiaries Included
(optional field)
Boroo Gold LLC, Steppe Gold LLC, Steppe West LLC, Corundum Geo LLC
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
Jeremy South
Date
2025-05-27
Position Title
Chief Financial Officer
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year
From:
2024-01-01
To:
2024-12-31
Reporting Entity Name
Steppe Gold Ltd.
Currency of the Report
USD
Reporting Entity ESTMA Identification Number
E913609
Subsidiary Reporting Entities (if necessary)
Payments by Payee
Country
Payee Name1
Departments, Agency, etc… within Payee that Received
Payments2
Taxes
Royalties
Fees
Production Entitlements
Bonuses
Dividends
Infrastructure Improvement Payments
Total Amount paid to Payee
Notes34
Mongolia
National Government of
Mongolia
Mineral Resources and Petrolium
Authority
92,930
92,930
Mongolia
National Government of
Mongolia
Mongolian Agency for
Standardization and Metrology
43,144
43,144
Mongolia
National Government of
Mongolia
Ministry of Nature, Environment
and Tourism
58,684
58,684
Mongolia
Ulaanbaatar City
Large Tax Payers Department
18,898,874
10,507,893
29,406,767
Mongolia
Dornod Province
Local Development Fund
661,631
661,631
Mongolia
Dornod Province
Local Tax Department
158,546
158,546
Mongolia
Selenge Province
Local Development Fund
193,787
193,787
Mongolia
Selenge Province
Local Tax Department
929,818
929,818
Mongolia
Tuv Province
Local Development Fund
95,658
95,658
Mongolia
Tuv Province
Local Tax Department
3,071
3,071
Additional Notes:
Fees have been translated from Mongolian currency ("MNT") into USD by converting payments at the exchange rate as at year end 2024. Effective conversion rate used is MNT/USD 3,420.25.
Extractive Sector Transparency Measures Act - Annual Report
Reporting Year
From:
2024-01-01
To:
2024-12-31
Reporting Entity Name
Steppe Gold Ltd.
Currency of the Report
USD
Reporting Entity ESTMA Identification Number
E913609
Subsidiary Reporting Entities (if necessary)
Payments by Project
Country
Project Name1
Taxes
Royalties
Fees
Production Entitlements
Bonuses
Dividends
Infrastructure
Improvement Payments
Total Amount paid by
Project
Notes23
Mongolia
Altan Tsagaan Ovoo
1,484,925
2,165,890
713,364
4,364,179
Mongolia
Uudam Khundii
9,156
9,156
Mongolia
Boroo
14,168,347
6,351,460
281,628
20,801,435
Mongolia
Ulaanbulag
4,337,037
1,990,543
141,686
6,469,266
Additional Notes3:
Fees have been translated from Mongolian currency ("MNT") into USD by converting payments at the exchange rate as at year end 2024. Effective conversion rate used is MNT/USD 3,420.25.
Disclaimer
Steppe Gold Ltd. published this content on May 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 29, 2025 at 15:17 UTC.