Latest Tax Credits News

TPG Telecom has announced a substantial special dividend and capital reduction totaling approximately AUD 3 billion, pending shareholder approval at the upcoming EGM.

Immutep Limited has received a significant A$4.6 million cash payment from the French government’s R&D tax incentive scheme, supporting its ongoing immunotherapy clinical programs.

Mandrake Resources has signed a non-binding Letter of Intent to supply lithium chloride to US refinery Stardust Power, marking a strategic step in the US push for domestic critical minerals.

Invion Limited has secured a pivotal FDA Orphan Drug Designation for its lead cancer drug INV043, bolstered its balance sheet with nearly $1.8 million in new funding, and progressed clinical trials targeting skin and anogenital cancers.

Desane Group Holdings has declared a special 2 cent per share dividend following the sale of a key property in Lane Cove, signalling a direct return of capital to shareholders.

Loyal Metals Ltd has secured an option to acquire the high-grade Highway Reward Copper-Gold Mine and confirmed significant unmined mineralisation through historic drill data verification, while advancing lithium projects in North America with innovative technology and strong funding.

Infini Resources Limited has launched a C$10 million flow-through share offer to fund exploration at its Canadian uranium projects, aiming to advance drilling programs while navigating regulatory and market risks.

Metals Australia Limited has reported a 3.3-fold increase in its Lac Carheil Graphite project resource, now totaling 50 million tonnes at 10.2% graphite content, while progressing key studies for a battery anode material plant in Quebec.

Tribune Resources has announced a fully franked dividend of 20 cents per share, signalling confidence in its financial position while maintaining cautious discretion for future payouts.

Neurotech International has initiated an Authorised Prescriber program for its lead therapy NTI164, expanding access for children with neurodevelopmental disorders in Australia. The company also secured a Rare Pediatric Disease Designation from the US FDA for NTI164 in Rett Syndrome, marking a key regulatory milestone.

Resource Base Limited reports fresh tenement acquisitions in South Australia and a key board appointment, offset by the full impairment of its Quebec lithium projects. The company ends the quarter with a modest cash reserve and continues to explore new opportunities.

Bass Oil reported steady quarterly oil production with a 20% increase in Indonesian output following a production enhancement program. The company is poised to enter the East Coast Gas Market pending regulatory approval for the Vanessa gas field acquisition.