Extractive Sector Transparency Measures Act (ESTMA)
The Extractive Sector Transparency Measures Act (ESTMA) was enacted by the Parliament of Canada in December 2014 and came into force on June 1, 2015. The Act requires businesses to publicly report certain payments they make to all levels of government in Canada and abroad in relation to the commercial development of oil, gas and minerals. The purpose of the ESTMA is to deter corruption in the global extractive sector by making government revenues from natural resources transparent to the public.
For more information see the Natural Resources of Canada webpage.
In complying with ESTMA, NAL has identified the companies listed below as Reporting Entities within the NAL Group of Companies and has included links to view their respective annual ESTMA reports. All payments made directly by NAL Resources Limited are on an agency basis and have been attributed to the following companies in accordance to ESTMA.