Everest Metals Approved for Investor Tax Credit Scheme

Everest Metals Corporation Limited (AU:EMC) has released an update.

Everest Metals Corporation Limited has been approved to participate in the Junior Minerals Exploration Incentive for 2024/25, offering tax credit benefits to eligible investors in new shares. The scheme aims to boost investment in greenfield mineral exploration in Australia. Shareholders must meet certain criteria to receive the credits, which are contingent on various factors including the company’s exploration expenses and tax losses.

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