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November 10, 2024
Elixir Energy Limited (“Elixir” or the “Company”) is pleased to announce the receipt of a cash refund of $7.9M from the Australian Tax Office under the Research Development (“R&D”) Tax Incentive Scheme.
The refund is related to eligible R&D activities in FY 2024 incurred on Daydream-2. A further refund is expected next year in connection with expenditure incurred in the current financial year.
A short term loan secured against the R&D tax refund has been repaid in full.
This article includes content from Elixir Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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02 May 2024
Elixir Energy
Early-mover in natural gas exploration and appraisal in Australia and Mongolia.
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