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Manrope

In addition to the 2024 JMEI announcement,  Maximus Resources Limited was previously awarded an allocation of up to $1,125,000 in tax credits under the Federal Government’s Junior Minerals Exploration Incentive (JMEI) Scheme for the 2023/24 financial year.

The JMEI enables eligible exploration companies to create refundable tax credits to distribute to Eligible Shareholders who will generally be entitled to refundable tax offsets (in the case of individual shareholders, trusts or superannuation funds) or franking credits (in the case of corporate investors). JMEI credits are distributed to all Eligible Shareholders on a pro-rata basis.

Australian resident shareholders who acquire newly issued Maximus shares (for example, in a placement, Entitlement Offer or Share Purchase Plan) between 1 July 2023 and 30 June 2024 are potentially entitled to receive JMEI credits (Eligible Shareholders).

Maximus is preparing the distribution of the JMEI exploration tax credits ($1,125,000) allocated for the 2023/24 financial year.  Eligible Shareholders who participated in the $3.2 Million Entitlement Offer completed in May 2024 will be advised through the Company's share registry (Computershare) regarding their pro-rata JMEI credit statement during the September Quarter of 2024.

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