In Cobalt Blue Holdings Limited’s (ASX:COB) March 2020 Quarterly Report, COB stated that it expected to receive an R&D rebate, refund of government security deposits and the next CRCP grant instalment, totalling approximately $1.2 million.
COB is pleased to advise that during the June 2020 quarter, it received those items, totalling approximately $1.36 million1, and COB’s cash at 30 June 2020 stood at $2.06 million.
This announcement was authorised by the Board of Directors.
Cobalt Blue Holdings Limited
Chief Financial Officer
1 This amount is net of amounts due to the University of New South Wales under the Cooperative Research Centre (CRC) – Project Round 8 Funding Program.