10 September 2014
ST GEORGE MINING LODGES R&D CLAIM
St George Mining Limited (ASX: SGQ) ("St George Mining" or "the Company") is pleased to announce that it has lodged a claim for a tax refund under the Federal Government's Research and Development (R&D) Tax Incentive Scheme. The Scheme is administered jointly by AusIndustry and the Australian Taxation Office (ATO).
The Company's 2013/2014 financial year tax return, which includes the R&D expenditure eligible for the refund under the R&D Tax Incentive Scheme, supports a claim for approximately $800,000.
The Company expects the claim to be processed within the next 4 - 6 weeks.
"We appreciate the Government's continued support for the R&D Tax Incentive Scheme.
"This year's R&D refund will help to fund St George's Phase 2 drilling programme, scheduled for early
October 2014."
Eligibility for the refundable offset is subject to the Company meeting all relevant taxation criteria, and the claim may be reviewed by either the ATO or AusIndustry.
Executive Chairman
St George Mining Limited
(+61) 411 421 253
John.prineas@stgm.com.au
www.stgeorgemining.com.au
Professional Public Relations
(+61) 08 9388 0944 mob 0404 683 355 mailto:colin.hay@ppr.com.aucolin.hay@ppr.com.au
St George Mining Limited ACN 139 308 973
Level 1, 115 Cambridge Street, PO Box 1305, West Leederville WA 6007 1
Phone + 61 8 9322 6600 Facsimile + 61 8 9322 6610
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