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ECOGRAF LIMITED — Capital/Financing Update 2016
Jun 29, 2016
64830_rns_2016-06-29_2d05ea6f-53ad-4c8f-8deb-5e507203f27e.pdf
Capital/Financing Update
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ASX Announcement 30 June 2016
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Research & Development Rebate
Kibaran Resources Limited (ASX: KNL) is pleased to advise it has received a Research and Development rebate for financial years 2011/12, 2012/13 and 2013/14. The rebate falls under the Australian Federal Government’s Tax Incentive Scheme and the Company received $942,692.
The rebate adds to the Company’s cash reserves and will be used as working capital while Kibaran progresses the debt financing and further strategic partnerships for the Epanko Graphite Project.
The Company is currently finalising its R&D claim for the financial year 2014/15.
Further information, please contact:
Managing Director
Andrew Spinks
Media
Paul Armstrong Read Corporate P: +61 8 9388 1474
Kibaran Resources Limited | ABN: 15 117 330 757
338 Hay Street Subiaco WA 6008 | PO Box 2106 Subiaco WA 6904
T: +61 8 6380 1003 | E: [email protected] | www.kibaranresources.com
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