Barton Gold Enhances Investor Returns through JMEI Tax Credits
2026-02-24 10:34
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Barton Gold (ASX:BGD) recently allocated US$643,183 in Junior Minerals Exploration Incentive (JMEI) tax credits to approximately 40 eligible investors who participated in the company's US$3 million share placement in June 2025. The Australian Taxation Office (ATO) approved this JMEI tax credit allocation, which equates to a $0.15 credit for every $0.70 of shares purchased, delivering an additional 21.4% return per dollar invested.

Barton Gold had previously allocated up to US$1.49 million in JMEI tax credits for the 2024/25 financial year, based on US$2.73 million in eligible greenfields exploration expenditure. Managing Director Alexander Scanlon noted that the granting of the tax credits is of significant benefit to the company and complements the Australian Government's Research and Development Tax Incentive scheme.

Alexander Scanlon stated: "The JMEI and R&D schemes enable us to undertake a series of large-scale R&D projects that might otherwise not be possible, thereby securing critical early-stage exploration investment support and confirming several significant technical outcomes."

Barton Gold is an Australian company focused on gold development, with plans to achieve a future annual production target of 150,000 ounces of gold. The company holds full ownership of the sole gold processing plant in the Gawler Craton region of South Australia. With policy support such as JMEI tax credits, Barton Gold is well-positioned to further optimise its exploration investment structure and enhance overall operational efficiency.

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