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Delta Lithium Spins Out Mt Ida Gold Asset in $30M Ballard IPO
2:29am on Monday 2nd of June, 2025 AEST
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Mining
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Delta Lithium Spins Out Mt Ida Gold Asset in $30M Ballard IPO
2:29am on Monday 2nd of June, 2025 AEST
Key Points
Mt Ida Gold asset to be demerged into Ballard Mining Limited
Ballard to raise $25-30 million via IPO at $0.25 per share
Delta shareholders receive Ballard shares via in-specie distribution
Experienced leadership team appointed for Ballard, including Simon Lill
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Delta Lithium (ASX:DLI)
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