Brief: Liontown Resources Gets ATO Issued Class Ruling In Respect Of Demerger Of Minerals 260

Minerals 260

26/11/2021 05:25

Nov 26 (Reuters) - Liontown Resources Ltd  LTR.AX :
    * AUSTRALIAN TAXATION OFFICE ISSUED CLASS RULING IN RESPECT
OF
AUSTRALIAN INCOME TAX IMPLICATIONS OF DEMERGER OF MINERALS 260
    * CLASS RULING APPLIES TO REGISTERED LIONTOWN SHAREHOLDERS
ON 28
SEPT WHO HELD THEIR LIONTOWN SHARES ON CAPITAL ACCOUNT
    * EFFECT OF CLASS RULING IS CO'S SHAREHOLDERS WILL BE ABLE
TO
DISREGARD ANY CAPITAL GAIN FROM CAPITAL REDUCTION ONNECTED TO
DEMERGER

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 ((Reuters.Briefs@thomsonreuters.com;))