Tectonic Gold Plc Research and Development Refund

 
TIDMTTAU 
 
26 November 2021 
 
                               TECTONIC GOLD PLC 
 
                      ("Tectonic Gold" or the "Company") 
 
                       RESEARCH AND DEVELOPMENT REFUND 
 
Tectonic Gold plc (TDIM: TTAU), the Intrusive Related Gold ("IRGS") exploration 
pioneer, is pleased to announce the successful renewal of its Australian 
Federal Government Research and Development Tax Incentive Scheme participation 
for the 2021 tax year. 
 
Highlights: 
 
  * Tectonic successful in renewal of R&D status for IRGS research program 
  * $275,000 cash rebate estimated with funds expected before year end 
  * Current field work and analytics expected to have continued participation 
    in 2022 and beyond 
 
Mr. Brett Boynton, Managing Director - Tectonic Gold Plc 
 
"This is a very important result as we present Specimen Hill to a number of 
major copper and gold mining groups. The Australian Federal Government has 
supported us with in excess of $3 million in direct cash funding since the 
inception of our research program. Tectonic is a technology driven business and 
we are at the forefront of innovative new thinking in the Australian 
exploration industry." 
 
The Directors of the Company accept responsibility for the contents of this 
announcement. 
 
For further information, please contact: 
 
Tectonic Gold plc                                             [phone] 
Brett Boynton 
Sam Quinn 
www.tectonicgold.com. 
@tectonic_gold 
 
 
Financial Adviser, Corporate Adviser and Broker 
 
VSA Capital Limited 
 
[phone] 
 
Andrew Raca - Corporate Finance 
 
Andrew Monk - Corporate Broking 
 
Ends 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

November 26, 2021 02:00 ET (07:00 GMT)