Receives $1.39 Million R&D Rebate
Perth, Oct 15, 2013 AEST (ABN Newswire) - Peak Resources Limited (
ASX:PEK) (PKRLY:OTCMKTS) is pleased to advise it has received $1.39 million in research and development (R&D) rebate for the 2012 and 2013 financial years.
Under the Federal Government's Research and Development Tax Incentive Scheme, eligible companies which undertake R&D activities are entitled to a cash rebate of 45% of R&D expenditure incurred in Australia.
The R&D rebate relates to expenditure on development of the metallurgical processing route for the Ngualla Rare Earth Project.
Contact
Peak Resources Limited
T: +61-8-9200-5360
F: +61-8-9226-3831
WWW: www.peakresources.com.au
| ||
|
