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Jindalee Lithium Limited Announces Expiry of Quoted Options

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Jindalee Lithium Limited Announces Expiry of Quoted Options

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Jindalee Resources Limited ( (AU:JLL) ) has provided an announcement.

Jindalee Lithium Limited has announced the expiration of its quoted options under ASX code JLLO, which are exercisable at $0.40 and will expire on June 30, 2025. The funds raised from the exercise of these options, which have already seen $0.56 million raised by the company’s board and management, will be used to further activities at the McDermitt Lithium Project. This project is a significant asset for Jindalee, positioning it as a key player in the lithium industry, particularly in North America.

More about Jindalee Resources Limited

Jindalee Lithium Limited is a US-focused lithium company dedicated to developing the McDermitt Lithium Project, one of the largest lithium deposits in North America. The company is committed to advancing this strategically important source of lithium chemicals for the US market.

Average Trading Volume: 173,357

Technical Sentiment Signal: Sell

Current Market Cap: A$31.43M

For a thorough assessment of JLL stock, go to TipRanks’ Stock Analysis page.

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