Research and Development Tax Refund of AUD 7.9M Received

Release Highlights:

• Elixir Energy Limited (ASX: EXR) is pleased to announce the receipt of a cash refund of AUD 7.9M from the Australian Tax Office under the Research Development (“R&D”) Tax Incentive Scheme.
• The refund is related to eligible R&D activities in FY 2024 incurred on Daydream-2. A further refund is expected next year in connection with expenditure incurred in the current financial year.
• A short-term loan secured against the R&D tax refund has been repaid in full.