Jindalee's Dynamic completes listing
PERTH (miningweekly.com) – Explorer Jindalee Resources has completed the spin-out and initial public offering (IPO) of Dynamic Metals, with that company listing on the ASX.
Dynamic, which raised A$7-million in its IPO process, hosts a portfolio that includes an extensive landholding in the Widgiemooltha district and the Lake Percy project, both of which are highly prospective for lithium, nickel and gold, as well as the Deep Well nickel/copper/platinum project in which Dynamic holds an 80% interest.
The separation of Jindalee’s Australian assets into Dynamic Metals will leave the company as a pure-play US lithium company, focused on the development of its McDermitt lithium project in Oregon.
Following the spin-out, Jindalee will hold 12.5-million shares in Dynamic, accounting for a 25.5% interest in the company, providing its shareholders with a continued interest in the Dynamic projects.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation













