17/07/2020 - 12:56

King River buoyed by exploration tax credits

17/07/2020 - 12:56

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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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