KBL 0.00% 0.1¢ kbl mining limited

Ann: Declaration - no dividend to shareholders or options holders, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 205 Posts.
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    From the ato website

    You may be able to realise a capital loss on worthless shares before a company is dissolved if a liquidator or administrator declares in writing that there is no likelihood you will receive any further distribution in the course of winding up a company.

    My understanding is that this ann serves as the declaration referred to above and that you can claim your loss this eofy.
    Probably worthwhile taking a copy of this ann to your accountant and confirm with them.
 
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Currently unlisted public company.

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