“As part of Canada’s FTS regime, tax incentives are provided to...

“As part of Canada’s FTS regime, tax incentives are provided to eligible investors in the FTS placement for expenditures of AW1 and qualify as “flow-through” critical mineral mining expenditures under the nation’s Income Tax Act.”

Any Canadians here who can comment on the FTS mechanism - is there a limit to the number of FTS events that can occur, e.g. in the Co’s financial year (ending Jun), in Canada’s fiscal year (ending Mar), or overall for a project? If not I will look it up.

Last FTS here was conducted in Feb so they are presumably in the clear now for another one if it’s related to Co’s fin year or the Canadian fiscal year.