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Jindalee Resources MD updates on strategic advancements with US lithium strategy

Jindalee Resources Ltd (ASX:JRL) managing director Pip Darvall catches up with Proactive Investors following the acquisition of claims that have grown the McDermitt Lithium Project by around 45%. Darvall speaks to the strategic merits of focusing on lithium in the US.

The company is prioritising the McDermitt Project as well as the Widgiemooltha project in Western Australia’s Goldfields. It is exploring various options for the rest of its large project portfolio.

Quick facts: Jindalee Resources Ltd

Price: 0.25 AUD

ASX:JRL
Market: ASX
Market Cap: $9.62 m
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Jindalee Resources completes capital raising successfully

Jindalee Resources Ltd (ASX:JRL) managing director Pip Darvall confirms to Proactive Investors that 2.36 million shares from the company’s July rights issue have been allocated. The company also confirms it has received binding commitments from sophisticated investors to place the entire...

on 23/8/19

2 min read