Till Capital Addresses Tax Reporting Error on Capital Distribution

Story Highlights
  • Till Capital operates in mining and investment, holding shares and royalties in various companies.
  • Till Capital alerts shareholders about incorrect tax reporting of its 2024 capital distribution.
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Till Capital Addresses Tax Reporting Error on Capital Distribution

Till Capital ( (TSE:TIL) ) has provided an update.

Till Capital Corporation has alerted its shareholders about an incorrect reporting of its April 2024 Return of Capital Distribution by several US brokerage firms. The distribution was mistakenly reported as Qualified Dividends instead of Non-Dividend Distributions, prompting shareholders to seek corrected tax forms. This announcement highlights the company’s proactive approach in addressing reporting errors, which could impact shareholder tax obligations and reflects its commitment to accurate financial communication.

More about Till Capital

Till Capital Corporation operates in the mining and investment sector, holding significant shares and royalties in various companies and mineral assets. It owns shares in Osisko Development Corp and has interests in IG Tintic LLC and Silver Predator Corp, focusing on mineral royalties and mining investments.

YTD Price Performance: 7.14%

Average Trading Volume: 1,772

Technical Sentiment Signal: Buy

Current Market Cap: $2.27M

For an in-depth examination of TIL stock, go to TipRanks’ Stock Analysis page.

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