PROJECT FINANCE

Jindalee seeking to capitalise on US lithium interest

THE owner of the largest lithium resource in the US, Jindalee Resources, is back in the market hunting a capital injection as it inches closer to developing its McDermitt deposit in Oregon.

Jindalee has worked on McDermitt for several years

Jindalee has worked on McDermitt for several years

Jindalee is working with Canaccord Genuity to raise up to A$5.5 million at $1.40 per share, with two stage raising that includes a $2 million priority offer. Directors will put in almost $250,000. ...

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