Finance Metals & Minerals News

British Lithium mulls shares issue to raise £20m

British Lithium Ltd said it could issue shares with tax incentives to raise up to £20 million to fund qualifying research and development expenditure for its operations in Cornwall. TAX INCENTIVES The potential fundraise was noted in the total exemption full accounts for the year ending July 2022 for the Australian company’s subsidiary, Research by […]

Finance Metals & Minerals News

Oriole receives £403,000 R&D tax rebate

Oriole Resources plc said it had received a tax rebate of £403,000 in relation to “geoscientific advances sought by the company through its exploration programmes” in West Africa. GEOLOGICAL DATA The company made the research and development (R&D) tax relief claim from Her Majesty’s Revenue and Customs for the year ended 31 December 2021. Oriole added […]