Investing

International Graphite Receives R&D Refund and Firms Up Cash Position

Published

International Graphite Limited (ASX:IG6) is pleased to announce that it has received $1.3 million from the Australian Research and Development Tax Incentive Scheme for the 2023 financial year.

The R&D Refund is a valuable program that supports innovation in Australia and is a refund for research and development expenditure by the Company during FY2023. Receipt of the R&D refund provides International Graphite with additional working capital to support the execution of our strategy to develop an Australian battery anode material.

This announcement has been authorised for release by the Andrew Worland Managing Director & CEO

Click here for the full ASX Release

This post appeared first on investingnews.com

In this article:,

You May Also Like

Investing

Steppe Gold

Overview Steppe Gold (TSX:STGO) is a precious metals development company and gold and silver producer in Mongolia. The company owns the Altan Tsaagan Ovoo...

September 1, 2023

Latest News

What we know about the Morocco earthquake

Rescuers are searching through rubble and trying to reach isolated communities after a devastating earthquake struck Morocco, killing thousands and leaving more injured or...

September 13, 2023

Stock

Biden surveys Hurricane Idalia’s damage in Florida, without DeSantis

LIVE OAK, Fla. — President Biden traveled to Florida on Saturday to survey the damage caused by Hurricane Idalia, part of a storm response...

September 3, 2023

Investing

EMU NL

Investor Insight EMU NL is an Australia-focused base and precious metals exploration company offering a compelling opportunity in the highly lucrative copper space. A...

June 24, 2024

Disclaimer: Smartmerchantknow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 smartmerchantknow.com

Exit mobile version