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Tombador Iron Limited Receives Brazilian Tax Refund

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Tombador Iron Limited Receives Brazilian Tax Refund

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Tombador Iron Ltd. ( (AU:TI1) ) just unveiled an update.

Tombador Iron Limited has received a tax refund of A$1,581,268 from the Brazilian Federal Government, related to previous operations of its former Brazilian subsidiary. This refund is part of the consideration for the sale of its Tombador Iron project in Brazil, and additional refund requests totaling approximately A$400,000 are still under review by Brazilian tax authorities.

More about Tombador Iron Ltd.

Tombador Iron Limited operates in the mining industry, focusing on the extraction and sale of iron ore. The company is involved in the development and management of iron ore projects, with a particular emphasis on its operations in Brazil.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$30.22M

See more data about TI1 stock on TipRanks’ Stock Analysis page.

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