ASX-listed King River Resources has been buoyed by tax credits of up to $975,000 under the Federal Government’s exploration incentive scheme, with the explorer confirming the tax office has approved its application to participate in the Junior Minerals Exploration Incentive program. The tax credits can be distributed to its Australian resident shareholders who are issued new shares from any of its capital raisings in 2020-21.
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King River ResourcesClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 82nd King River Resources $9.1m 83rd Winchester Energy $8.3m 85th Australian Strategic Materials $6.8m 86th Lepidico $6.4m 605 listed resources wa companies ranked by revenue.
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