US EditionSeabridge Gold wins B.C. Supreme Court battle over disallowed expenses
- Seabridge Gold successfully challenged a Canada Revenue Agency decision that disallowed $15.8 million in exploration expenses.
- The B.C. Supreme Court ruled that the company's activities qualified for tax credits under provincial mining legislation, awarding Seabridge the full amount and appeal costs.
- Justice Miriam Maisonville found that Seabridge's engineering and technical activities met statutory tests for exploration expenses, excluding only pre-feasibility report costs.
- Seabridge's chairman, Rudi Fronk, expressed satisfaction with the decision, noting it may influence a separate federal tax matter concerning flow-through shares.
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TRX Gold Reports Continuance into the Province of British Columbia
TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that further to the Company having received the necessary approval of its shareholders at the Company’s…
·Cambridge, Canada
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