Despatch of EDI Entitlement Statement
Adelaide, May 13, 2016 AEST (ABN Newswire) - Archer Exploration Limited (
ASX:AXE) is pleased to announce that the Exploration Development Incentive Scheme (EDI) Credits - 2015/2016 Entitlement Statement (Statement) has been sent to all Eligible Shareholders.
The Company advises that $162,441 EDI credits have now been distributed to Eligible Shareholders on a pro rata basis, which equates to 0.1916 cents per Archer share held on the Record Date.
To be an Eligible Shareholder, you must have held ordinary shares in the Company as of 7pm (Adelaide time) on Wednesday, 13 April 2016 (Record Date).
The Statement is an advice only, and there is no payment.
The EDI credits apply to the 2015-16 tax year.
Shareholders should obtain their own tax advice on the EDI credits issued to them from their tax advisor.
Contact
Mr Greg English
Chairman
Archer Exploration Limited
Tel: +61-8-8272-3288
Mr Gerard Anderson
Managing Director
Archer Exploration Limited
Tel: +61-8-8272-3288
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