Tax Return Received

• Elixir Energy has received a $3.861 million R&D tax refund
• Funds will support Taroom Trough Lorelle-3 appraisal drilling and Diona-1 production testing
• Tax refund is an important pillar of the company's forward funding

Elixir Energy Limited (ASX: EXR) has received its eligible R&D tax refund of $3.861 million. These funds are an important pillar of the forward funding for the high impact Taroom Trough Lorelle-3 appraisal drilling campaign and the Diona-1 production testing. The tax refund will provide crucial support for Elixir's upcoming exploration and development activities, which are expected to deliver significant value for the company and its shareholders.