Noble Helium Receives First VAT Refund from Tanzania Government
- Jun 4, 2024
- 1 min read
Noble Helium received its first VAT refund of A$1.285mm from the Tanzania Revenue Authority. This financial boost, which does not require repayment under the VAT Loan Agreement, will enable further exploration activities in Tanzania. Additionally, the company has completed all required audits and documentation for a subsequent VAT refund claim of ~A$3mm for the period ending Dec'23, promising more funds for future projects. Noble Helium also released its latest investor presentation explaining the North Rukwa and Nyasa assets along with the next steps for development.