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Everest Metals Credits Shareholders $1.17M in Tax Incentives for 2024-25 Capital Raises
8:31am on Friday 19th of December, 2025 AEDT
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Everest Metals Credits Shareholders $1.17M in Tax Incentives for 2024-25 Capital Raises
8:31am on Friday 19th of December, 2025 AEDT
Key Points
Issuance of $1.17 million JMEI tax credits to eligible Australian resident shareholders
Credits relate to capital raisings totaling approximately $6.2 million during 2024-25
Effective refundable tax offset rate of 18.89% on cash investments in new shares
No cash payments involved; credits provide tax benefits to shareholders
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Everest Metals Corporation (ASX:EMC)
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