Brief: Jindalee Resources Announces Update On Separation Of Australian Assets

Jindalee Lithium

14/07/2022 02:39

July 14 (Reuters) - Jindalee Resources Ltd  JRL.AX :
    * UPDATE ON SEPARATION OF AUSTRALIAN ASSETS-JRL.AX
    * PLANNING FOR SEPARATION OF AUSTRALIAN ASSETS TO FORM
DYNAMIC
METALS LIMITED CONTINUES
    * PLANNING FOR SEPARATION OF AUSTRALIAN ASSETS TO FORM
"DYNAMIC
METALS LIMITED" CONTINUES
    * A$3.8M EXPLORATION BUDGET FOR AUSTRALIAN ASSETS APPROVED
    * JINDALEE SHAREHOLDERS EXPECTED TO RECEIVE PRIORITY
ENTITLEMENT
TO DYNAMIC METALS SHARES
    * BOARD INTENDS TO DELAY IMPLEMENTATION OF SEPARATION,
PRESENTLY
EXPECTED TO BE IN SECOND HALF OF FY23

Source text for Eikon:  ID:nASX11xGsN 
Further company coverage:  JRL.AX 

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