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Jindalee Advances McDermitt with $10.9M Raise and NASDAQ Listing Plan

8:19am on Friday 31st of July, 2026 AEST Mining
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Jindalee Advances McDermitt with $10.9M Raise and NASDAQ Listing Plan

8:19am on Friday 31st of July, 2026 AEST
Key Points
  • US Elemental NASDAQ listing planned with $571M enterprise value
  • Shareholders approve transaction targeting Q4 2026 completion
  • Capital raise of $10.9M supports drilling and metallurgical work
  • Magnesium by-product testwork advances alongside lithium development
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