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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: 0.135 AUD

ASX:INR
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Market Cap: $227.02 m
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ioneer Ltd's Bernard Rowe hails new boric acid distribution and sales agreements

ioneer Ltd's (ASX:INR) Bernard Rowe speaks to Proactive's Andrew Scott after securing two distribution and sales agreements for the supply of boric acid from its Rhyolite Ridge Lithium-Boron Project in Nevada, USA. The three-year boric acid distribution and sales agreements were signed with...

on 29/5/20

2 min read