Mali frees Resolute executives after $160 million deal, AFP reports
The three executives, including CEO Terry Holohan, were freed from detention on Wednesday.
Flow-through financing plays a crucial role in Canada’s mining sector. This financing model, which PearTree Financial Services has significantly contributed to, supports junior mining companies by facilitating over 90% of exploration investment.
The flow-through model, which no other country has, allows resource companies to renounce tax expenses associated with exploration activities in Canada to investors, who can deduct the expenses in calculating their own taxable income.
This year, Canada implemented changes to the Alternative Minimum Tax (AMT) rules, and the increase in the Capital Gains Inclusion rate which created uncertainty in the market.
PearTree Financial founder and CEO Ron Bernbaum evaluates how Ottawa’s new tax rules are impacting the mining sector, and the outlook for critical mineral exploration, which plays a key role in the green energy transition.
Watch the full interview with MINING.com’s Devan Murugan:
Joint venture videos are paid-for content in arrangement with The Northern Miner Group.
