MHM Metals Limited T: +613 9692 7222
Level 4, 100 Albert Road F: +613 9077 9233 South Melbourne E: info@mhmmetals.com
VIC 3205 AUSTRALIA www.mhmmetals.com
For immediate release 16 November 2015
MHM Metals (ASX: MHM) is pleased to advise that it has now submitted an R&D Incentive Claim for the 2014/15 Financial Year in the amount of $2,983,592.
The 14/15 R&D Incentive Claim was recorded in the 2015 Annual Report as a receivable, at a value of $1,739,187. This figure was based on the R&D methodology applied to the Company's 2013/14 claim.
Following an extensive, independent review of the Company's R&D eligibility, the actual value of the 14/15 Claim has been revised to
$2,983,591.95.
The Company highlights that the outcome of its 14/15 R&D Incentive Claim is uncertain.
Joseph van den Elsen, Managing Director: +61 421 849 433
Ordinary shares on issue: Market Cap (at 2c): Cash (as at 30 Sep 2015): | 130,218,145 $2,604,363 $1,044,000 |
Joseph van den Elsen (Managing Director) Paul Kopejtka (Non-Executive Chairman) Chris Goodman (Non-Executive Director)
Justin Mouchacca
MHM Metals Limited ABN 41 124 212 175
Registered Office: Level 4, 100 Albert Road, South Melbourne VIC 3205| Tel: 03 9692 7222 | Fax: 03 9077 9233 | E: info@mhmmetals.com | www.mhmmetals.com
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