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GREENVALE ENERGY LTD — Capital/Financing Update 2016
May 8, 2016
65015_rns_2016-05-08_74efcb23-3e59-4e25-866c-d4a730d55213.pdf
Capital/Financing Update
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ASX Release
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Greenvale Energy Limited Refund of Stamp Duty
9 May 2016
Greenvale Energy Limited ( ASX: GRV ) is pleased to announce the following:
Highlights:
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Refund of stamp duty of $188,886
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Company continues to review assets
Refund of stamp duty from prior year transactions
The Board of Greenvale Energy Limited is pleased to announce that they have received confirmation from the Office of State Revenue that it has been successful in its objection to various transactions that have occurred in relation to its former shale assets in Queensland and as a result, it will receive a refund of $188,886. The refund will increase the Company’s existing reserves.
Strategic review
The Board continues to review a number of acquisition opportunities in the mining exploration space and will provide details of any such acquisition as soon as it comes to hand. The above funds will be used to finance any such acquisition.
Contact details
For further information, please contact:
Vince Fayad
Company Secretary Ph: +61 414 752 804 E: [email protected]
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REGISTERED OFFICE
T +61 2 8346 6000 | A Level 8, 1 O’Connell St, Sydney NSW, Australia 2000 | P PO Box 5446, Sydney, NSW, Australia, 2001 | E [email protected]