The Swedish Tax Agency has determined the acquisition cost of Delta Minerals Shares of Commodity Quest shareholders SEK 0.
Commodity Quest split its holding in 2013 in its subsidiary Delta Minerals to its shareholders of record December 23, 2013. Distribution of shares in Delta Minerals should be considered exempt from tax under the Tax Agency’s decision on January 31, 2014 i.e. payment of taxes when it sells the shares.
The Swedish Tax Agency has determined the acquisition cost of Delta Minerals shares to NOK 0 for those who received shares in the dividend. This value is used as the input value at the disposal of these undistributed shares.
Delta Minerals has applied for listing on AktieTorget as part of preparations for a major issue in order to finance the start of production in the Philippines.
For more information about Delta Minerals Ltd; see the website: www.deltaminerals.se.