GMG Provides Business Update on Working Capital and Cost Reductions

GMG Provides Business Update on Working Capital and Cost Reductions

Brisbane, Queensland, Aust, Nov 14, 2024 – (ACN Newswire) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to provide a business update on its working capital position and the implementation of cost reductions targets that were communicated on March 11, 2024.Each year the Company submits a Research and Development (R&D) application to the Australian Taxation Office to recover 43.5% of eligible R&D expenditures under the Australian Government’s Research and Development Tax Incentive scheme…
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