Northern Shield Resources (TSE:NRN) has released an update.
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Northern Shield Resources Inc. has received a substantial refund of $702,781 from the Quebec Revenue Agency for tax years 2017 and 2018, with an additional $70,000 expected soon. This financial win follows a successful legal dispute where the company’s right to object to tax assessments was reinstated, culminating in a favorable settlement. The company, well-known for its low-cost, high-quality exploration targets, can now redirect its focus back to advancing its exploration projects.
For further insights into TSE:NRN stock, check out TipRanks’ Stock Analysis page.