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Delta Lithium Proposes Demerger with 63.7 Million Ballard Shares Distribution

1:14am on Monday 2nd of June, 2025 AEST Mining
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Delta Lithium Proposes Demerger with 63.7 Million Ballard Shares Distribution

1:14am on Monday 2nd of June, 2025 AEST
Key Points
  • In-specie distribution of 63,669,413 Ballard shares on a 1:11.25 basis
  • Shareholder approval required at June 30, 2025 general meeting
  • Delta's Ballard shareholding to reduce to approximately 46-49%
  • Ballard shares initially unlisted and considered speculative
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