Barton Gold Holdings Limited (AU:BGD) has released an update.
Barton Gold Holdings Limited has received the full allocation of $1,488,500 in Junior Minerals Exploration Incentive (JMEI) tax credits from the Australian Taxation Office, available for eligible shareholders acquiring new shares in the 2024/25 financial year. These credits, which include refundable tax offsets and franking credits, are intended to provide tangible benefits to investors supporting the company’s exploration activities. Despite no current plans for capital raising, the company highlights that these non-dilutive funding sources, which have now surpassed $10 million in three years, add substantial value to its investors.
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