InvestSMART

Kingsland Minerals Ltd (ASX:KNG)

ALERT: Price-sensitive ASX Announcement for KNG
Current share price for KNG : $0.069 0.019 (38%)+
Announcement
Release
6 Jul 2026 4:52PM
Price at Release
$0.050
Full Release
download
Summary
Kingsland Minerals Ltd announced the receipt of a $809,322 R&D tax refund for the 2024 financial year from the Australian Government's R&D Tax Incentive Scheme, benefiting their Leliyn Graphite Project in the Northern Territory. This refund includes $35,489 as interest. Kingsland, an exploration company, is focused on developing Leliyn, a significant graphite deposit, and has additional interests in uranium and nickel with assets such as the Cleo Uranium Deposit and the Lake Johnston Project. Further R&D tax incentive applications are planned for FY 2025 and FY 2026.
Key Points
  • Kingsland Minerals Ltd received its 2024 financial year R&D tax refund.
  • The refund amount was $809,322, including $35,489 interest.
  • The refund was granted under the Australian Government's R&D Tax Incentive Scheme.
  • Kingsland is focused on the Leliyn Graphite Project in the Northern Territory.
  • Leliyn is one of Australia's significant graphite deposits.
  • Kingsland's additional applications for R&D tax incentives are lodged for FY 2025 and will be prepared for FY 2026.
  • Company assets include the Cleo Uranium Deposit and Lake Johnston Project.
  • Kingsland's projects cover graphite and uranium resources.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.