Brief: Jindalee Lithium Ltd Signs Non-Binding Loi To List Mcdermitt On Us Exchange
09/09/2025 01:05
Sept 9 (Reuters) - Jindalee Lithium Ltd JLL.AX: SIGNS NON-BINDING LOI TO LIST MCDERMITT ON US EXCHANGE DEAL INVOLVES PROPOSED MERGER OF HITECH MINERALS, INC. WITH CONSTELLATION TO FORM NEWCO DEAL ASSIGNS AN EQUITY VALUE OF US$500M TO JINDALEE’S US ASSETS WILL RECEIVE 50 MILLION NEW SHARES IN NEWCO AT US$10 PER SHARE DEAL CONTEMPLATES CAPITAL RAISE OF US$20-30M OR MORE Further company coverage: JLL.AX ((Reuters.Briefs@thomsonreuters.com;))