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7 Jul 2017

Petropavlovsk PLC

Petropavlovsk response to Olga Murashko's rejoinder

In her rejoinder to the letter from the Petropavlovsk representative, Olga Murashko gives examples which in her assessment illustrate "the firm resistance of the residents of the village and its chairman Sergei Nikiforov to the numerous attempts of Petropavlovsk and its subsidiaries (Hergu, Tyemy and others) to obtain licenses for gold mining within the borders of the Ivanovo municipality ". In her rejoinder, many facts are attributed to Petropavlovsk incorrectly or inaccurately. Below, Petropavlovsk responds to these in the order mentioned in the rejoinder...The proceedings of the public hearings, in which the residents of the Ivanovskoye village voiced their support for Albyn, are attached to Petropavlovsk’s letter (Proceedings of the Public Hearings)...The first part of Olga Murashko’s analysis is devoted to Hergu and to the protests made by Evenks in Ivanovskoye against its activities. CJSC HERGU...is not part of the Petropavlovsk Group of companies. This is confirmed by a number of open sources...The letter of protest dated 22nd February 2012 is not related to Petropavlovsk - it is fully dedicated to CJSC Hergu. Neither Petropavlovsk nor its subsidiaries participated in the auction described...The organisation DalTeploEnergo is not a subsidiary of Petropavlovsk PLC, nor is it affiliated with the Company. As far as Petropavlovsk is aware, it was independently selected by Mr S.S. Nikiforov and the Ivanovo Village Council, who appointed it as a contractor...