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ZEOTECH LIMITED — Capital/Financing Update 2024
Jan 14, 2024
66115_rns_2024-01-14_4ed349c3-8917-4f48-9d7f-504c30fc52df.pdf
Capital/Financing Update
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15 January 2024
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ZEOTECH RECEIVES $682K R&D INCENTIVE PAYMENT
Emerging mineral processing technology company, Zeotech Limited (ASX: ZEO, “Zeotech” or “the Company”) is pleased to advise that it has received a cash refund of $682,019.13 from its R&D tax incentive claim for the financial year ended 30 June 2023.
The Australian Federal Government’s R&D Tax Incentive Program provides a cash refund on eligible research and development activities performed by Australian companies and is a valuable program that supports Australian innovation.
The rebate received relates to the Company’s expenditure on the development of its proprietary mineral processing technology for the sustainable production of manufactured zeolites, together with advancing its dual stream agri-soil product development and methane emissions control technology.
This announcement has been approved by the Board.
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For further information please contact:
Scott Burkhart – Chief Executive Officer Neville Bassett - Company Secretary [email protected] [email protected] Tel: (+61) 7 3181 5523 Tel: (+61) 7 3181 5523
About Zeotech
Zeotech Limited (ASX: ZEO) is a team of dedicated people, working together to build a future focused company, leveraging proprietary technology for the low-cost production of advanced materials ‘manufactured zeolites’ to deliver solutions aimed at addressing sustainability challenges.
Zeotech Limited - Social Media Policy
Zeotech Limited is committed to communicating with the investment community through all available channels. Whilst ASX remains the prime channel for market-sensitive news, investors and other interested parties are encouraged to follow Zeotech on Twitter (@zeotech10) and LinkedIn.
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www.zeotech.com.au
Zeotech Limited | ASX: ZEO ACN 137 984 297 Level 27, Santos Place, 32 Turbot Street, Brisbane QLD 4000 P: +61 7 3181 5523 | E: [email protected]