AZL 5.88% 1.8¢ arizona lithium limited

Ann: Oversubscribed Placement Raises $16.5M at 30% Premium, page-226

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  1. 644 Posts.
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    Your link shows how the mining tax credit works, which would mean that the issued shares would remain in Canadian hands i.e. it doesn't explain the block trade component.

    There is a second tax break for donating shares to charities. I've previously broken down the math on the CY5 flow-through placement to explain how the shares come back to aus brokers for the block trade component in the link below.

    https://hotcopper.com.au/threads/ann-cygnus-to-raise-6-3m-to-advance-pontax-lithium-project.7016476/page-27?post_id=64195022
 
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