16
Oct
12:34
Jindalee eyes $3.5m to advance McDermitt lithium project
Australia-based Jindalee Resources announced Monday it will raise AUD 5.5 million ($3.5m) to advance its McDermitt lithium project in Oregon, US, Kallanish reports.
The mineral exploration company intends to issue up to just under 3.93m shares at a price of AUD 1.4 per share. The overall capital raising will involve an AUD 2m priority offer of up to 1.43m shares to existing shareholders and an AUD 3.5m public offer of 2.5m shares to invited investors, the company …
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Very good overview of the weekly steel market.
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