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Alita Resources Ltd. Provides Update on Tax and Financial Reporting Matters

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Alita Resources Ltd. Provides Update on Tax and Financial Reporting Matters

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Alita Resources Ltd. ( (SG:40F) ) has shared an update.

Alita Resources Ltd. has provided an update to its shareholders regarding ongoing matters with the Australian Taxation Office (ATO) and financial reporting obligations. The company has lodged objections to the ATO’s Notices of Assessment for several financial years and anticipates further engagement with the tax authority. Additionally, Alita has obtained financial reporting relief from the Australian Securities and Investments Commission (ASIC), allowing extensions for filing its FY2024 annual financial report and holding its AGM. The company is working with auditors to meet these new deadlines and seeks further extensions to align with Singapore Exchange (SGX) requirements.

More about Alita Resources Ltd.

Current Market Cap: S$115.2M

See more insights into 40F stock on TipRanks’ Stock Analysis page.

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