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How Will Jindalee’s $8M Raise Fuel Its US SPAC and McDermitt Ambitions?

10:02am on Monday 20th of October, 2025 AEDT Mining
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How Will Jindalee’s $8M Raise Fuel Its US SPAC and McDermitt Ambitions?

10:02am on Monday 20th of October, 2025 AEDT
Key Points
  • Raised $8 million via private placement at $0.55 per share
  • Share Purchase Plan targeting $1 million for eligible shareholders
  • Attaching options exercisable at $0.825 expiring November 2028
  • Funds allocated to exploration, metallurgical testwork, and convertible note repayment
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