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Everest Metals Credits Shareholders $720K via JMEI Tax Incentives
6:39pm on Sunday 1st of June, 2025 AEST
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Everest Metals Credits Shareholders $720K via JMEI Tax Incentives
6:39pm on Sunday 1st of June, 2025 AEST
Key Points
Everest Metals issues $720,000 in JMEI exploration credits to eligible shareholders
Credits relate to $2.4 million capital raising completed in late 2023
Eligible shareholders receive 30% tax credit on invested capital via JMEI scheme
Credits provide refundable tax offsets or additional franking credits depending on shareholder type
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Everest Metals Corporation (ASX:EMC)
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