EX-99.1 4 cgau-20231231.htm EX-99.1 Document

Extractive Sector Transparency Measures Act - Annual Report
Centerra Logo.jpg
Reporting Entity NameCenterra Gold Inc.
Reporting YearFrom2023-01-01To:2023-12-31Date submitted2024-05-27
Reporting Entity ESTMA Identification NumberE676176
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Report Version
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Other Subsidiaries Included
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For Consolidated Reports - Subsidiary Reporting Entities Included in Report:E330870 Thompson Creek Metals Company Inc. / E634191 AuRico Metals Inc.
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 EntityRyan SnyderDate2024-05-24
Position TitleExecutive Vice President and Chief Financial Officer









Extractive Sector Transparency Measures Act - Annual Report
Reporting YearFrom:2023-01-01To:2023-12-31
Reporting Entity NameCenterra Gold Inc.Currency of the ReportUSD
Reporting Entity ESTMA Identification NumberE676176
Subsidiary Reporting Entities (if necessary)E330870 Thompson Creek Metals Company Inc. / E634191 AuRico Metals Inc.
Payments by Payee
Country
Payee Name1
Departments, Agency, etc… within Payee that Received Payments2
TaxesRoyaltiesFeesProduction EntitlementsBonusesDividendsInfrastructure Improvement PaymentsTotal Amount paid to Payee
Notes34
CanadaNii-Gyap Hereditary Chiefs of the Gitxsan Nation280,000 280,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. Consists of payments for the Kemess Project.
CanadaMcLeod Lake Indian Band740,000 740,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. Consists of payments for the Mount Milligan Mine.
CanadaNadleh Whut’en80,000 80,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. consists of payments for the Endako Mine. See Note 4 below.
CanadaNak’azdli Whut’en870,000 870,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. Consists of payments for the Mount Milligan Mine.
CanadaVillage of Fraser Lake640,000 640,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. Consists of payments for the Endako Mine. See Note 4 below.
Canada -British ColumbiaProvince of British Columbia5,010,000 870,000 5,880,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. Consists of payments for the Mount Milligan Mine, Endako Mine and Kemess Project. See Note 4 below.
TurkeyGovernment of Turkey41,580,000 3,730,000 1,610,000 46,920,000Payments made in Turkish Lira. See Note 3 below for exchange particulars. Payments for Fees mainly include payments for the Oksut Mine.
TurkeyTown of Develi90,000 100,000 190,000Payments made in Turkish Lira. See Note 3 below for exchange particulars.
United States of AmericaGovernment of the United States360,000 360,000Payments made in US dollars. Consists of payments for the Thompson Creek Mine and the following exploration properties: Oakley, Cherry Creek and Ziggurat.
United States of AmericaCounty of Custer580,000 580,000Payments made in US dollars. Consists of payments for Thompson Creek Mine.
United States of AmericaState of Nevada80,000 80,000Payments made in US dollars. Consists of payments for the Goldfield Project.
United States of AmericaEsmeralda County610,000 610,000Payments made in US dollars. Consists of payments for the Goldfield Project.
Additional Notes:1. Report is prepared in US dollars, the functional currency of the Reporting Entity.
2. The US equivalent of the C$100,000 reporting threshold was determined using the USD/CAD exchange rate as of the close of December 31, 2023 of US$0.7551 to C$1.00. This results in a reporting threshold of US$75,510.
3. Payments made in currencies other then US dollars above were converted from source currency to US dollars using spot exchange rates on the application date of transaction. Ranges of the applicable exchange rates used are as follows (in all cases, USD 1. 00 equal to):
Canadian Dollar: 1.3870 - 1.3172
Turkey Lira: 29.3973 - 18.7194
4. Centerra holds a 75% joint venture interest in the Endako Mine. The payments included in this report represent 100% of the reportable payments made by the Endako joint venture in 2023.
5. Amounts in the "Payments by Project" table may not balance with those in the "Payments by Payee" table due to rounding.



Extractive Sector Transparency Measures Act - Annual Report
Reporting YearFrom:2023-01-01To:2023-12-31
Reporting Entity NameCenterra Gold Inc.Currency of the ReportUSD
Reporting Entity ESTMA Identification NumberE676176
Subsidiary Reporting Entities (if necessary)E330870 Thompson Creek Metals Company Inc. / E634191 AuRico Metals Inc.
Payments by Payee
Country
Project Name1
TaxesRoyaltiesFeesProduction EntitlementsBonusesDividendsInfrastructure Improvement PaymentsTotal Amount paid by Project
Notes23
CanadaEndako Mine700,000 210,000 910,000Payments made in Canadian dollars. See Note 3 below for exchange particulars. See Note 4 below.
CanadaKemess Project330,000 450,000 780,000Payments made in Canadian dollars. See Note 3 below for exchange particulars.
CanadaMount Milligan Mine4,620,000 1,610,000 580,000 6,810,000Payments made in Canadian dollars. See Note 3 below for exchange particulars.
TurkeyOksut Mine41,580,000 3,820,000 1,370,000 46,770,000Payments made in Turkish Lira. See Note 3 below for exchange particulars.
TurkeyOther Projects340,000 340,000Payments made in Turkish Lira. See Note 3 below for exchange particulars. Other projects consists of the following exploration properties: Karataş, Nallihan, Postallı, Sivritepe, Ulu.
United States of AmericaThompson Creek Mine580,000 190,000 770,000Payments made in US dollars.
United States of AmericaGoldfield Project690,000 690,000Payments made in US dollars.
United States of AmericaOakley, Cherry Creek, and Ziggurat170,000 170,000Payments made in US dollars.
Additional Notes3:
1. Report is prepared in US dollars, the functional currency of the Reporting Entity.
2. The US equivalent of the C$100,000 reporting threshold was determined using the USD/CAD exchange rate as of the close of December 31, 2023 of US$0.7551 to C$1.00. This results in a reporting threshold of US$75,510.
3. Payments made in currencies other then US dollars above were converted from source currency to US dollars using spot exchange rates on the application date of transaction. Ranges of the applicable exchange rates used are as follows (in all cases, USD 1. 00 equal to):
Canadian Dollar: 1.3870 - 1.3172
Turkey Lira: 29.3973 - 18.7194
4. Centerra holds a 75% joint venture interest in the Endako Mine. The payments included in this report represent 100% of the reportable payments made by the Endako joint venture in 2023.
5. Amounts in the "Payments by Project" table may not balance with those in the "Payments by Payee" table due to rounding.