Mineral Exploration Tax Credit
“Natural Resources Canada (NRCan)”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
The Mineral Exploration Tax Credit (METC) is designed to help exploration companies raise equity funds. It can be used in addition to the regular tax deduction associated with flow-through share investments.
- To help exploration companies raise equity funds.
- Expenses eligible for the METC are specifically defined as flow-through mining expenditures (FTME).
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