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ioneer issues stock options to directors in lieu of fees

ioneer recently confirmed through additional test work that high-quality lithium carbonate can be produced from its 100% owned Rhyolite Ridge Lithium-Boron Project in Nevada, US.

ioneer Ltd - Ioneer issues stock options to directors in lieu of fees
Rhyolite Ridge lithium carbonate is very low in chloride, potassium and sodium.

ioneer Ltd (ASX:INR) has issued unlisted options over ordinary shares to directors in lieu of consideration of director fees.

The options are priced 24.26 cents, exercisable on or after November 14 2020 and expiring on November 14 2024, with an exercise price of 24.26 cents.

ioneer recently confirmed through additional test work that high-quality lithium carbonate can be produced from its 100% owned Rhyolite Ridge Lithium-Boron Project in Nevada, US.

Analysis by an independent third-party confirmed that the key impurities in Rhyolite Ridge lithium carbonate are in-line with or less than the amounts required by customers.

Unlike lithium carbonate produced from brines, the Rhyolite Ridge lithium carbonate is very low in chloride, potassium and sodium.

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Price: 0.18 AUD

ASX:INR
Market: ASX
Market Cap: $302.15 m
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Full interview: ioneer completes $40 million placement to advance Rhyolite...

ioneer Ltd (ASX:INR) managing director Bernard Rowe updates Proactive on the recently completely $40 million placement to advance a DFS for the company’s Rhyolite Ridge Lithium-Boron Project in Nevada, USA. The MD also updates the market on highlights for the year after a presentation at the...

on 23/12/19

2 min read