Elixir Energy receives $3.86M tax refund

Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) has received an eligible R&D tax refund of A$3.861 million from its FY25 tax return, as noted in the Q1 FY26 quarterly report. The proceeds form part of the funding for the high-impact Lorelle-3 appraisal well in the Taroom Trough and the Diona-1 production testing program.