Jindalee Lithium Lists 130,437 New Shares and Matching Options at $0.46 Each

Quotation of Placement-Related Shares and Options Completes May 2026 Transaction

On 3 July 2026, Jindalee Lithium Limited completed the formal quotation process for securities issued under a placement initially disclosed over six weeks earlier. The original Appendix 3B, lodged on 8 May 2026, outlined the proposed issuance of new securities via placement or similar mechanisms. The admission of 130,437 ordinary shares and 130,437 JLLOB options to the ASX finalises the transition of these securities into active trading.

The company confirmed no further securities issuances are pending to complete the transaction referenced in the May 2026 Appendix 3B, indicating the placement process is fully closed. New security holders can now trade their shares and, subject to applicable conditions, exercise their options on the open market. This closure clarifies Jindalee Lithium’s short-term capital structure.

Shares Issued at AUD $0.46 Each

The 130,437 fully paid ordinary shares were issued for cash consideration denominated in Australian dollars at AUD $0.46 per share. While the company did not explicitly disclose total gross proceeds for this tranche in the quotation application, the per-share price and volume are confirmed. Based on these figures, the gross proceeds from this parcel approximate $60,001, although this calculation is inferred rather than directly stated.

This issue price serves as a benchmark for market participants evaluating current trading levels. Existing shareholders can assess dilution impacts, and prospective investors may compare this entry price against on-market share purchases.

Nil-Cost JLLOB Options Expiring 30 June 2029

Alongside the ordinary shares, Jindalee Lithium applied for quotation of 130,437 options under the JLLOB code, each expiring on 30 June 2029. These options were granted for nil cash consideration, with an estimated nominal value of $0.000001 per option for administrative purposes. They were issued as part of the placement rather than as a separate fundraising instrument.

Following quotation, the total JLLOB options on issue amount to 5,415,837. These options provide holders a three-year period to exercise, subject to the exercise price, which was not disclosed in this quotation application. Investors seeking detailed terms, including exercise conditions, should consult the May 2026 Appendix 3B and related placement documents.

Jindalee Lithium’s Total Quoted Ordinary Shares Reach 126,238,473

The addition of 130,437 shares raises Jindalee Lithium’s total quoted fully paid ordinary shares to 126,238,473, as outlined in Part 4 of the quotation application. This figure reflects cumulative issuances and placements over the company’s ASX history.

For current shareholders, this increase is modest relative to the total share count, resulting in limited dilution on a percentage basis. Nonetheless, those monitoring the company’s capital management may note the growth and observe changes in institutional ownership following the placement.

Overview of Quoted Options Across Expiry Dates

Jindalee Lithium’s quoted options span multiple series and expiry dates. As of the quotation date, these include 19,298,237 JLLO options expiring 30 November 2028, 5,117,247 JLLOA options expiring 30 June 2027, and 5,415,837 JLLOB options expiring 30 June 2029 (inclusive of the newly quoted 130,437). Each series represents potential future share issuances if exercised under their respective terms.

The staggered expiries suggest the company may experience incremental share count increases as options mature. The JLLO series, with over 19 million options expiring in November 2028, represents the largest potential dilution source among quoted options, a factor shareholders should consider when evaluating medium-term capital structure.

Unquoted Securities Add Complexity to Capital Structure

Beyond quoted securities, Jindalee Lithium holds a significant number of unquoted options and performance rights, as detailed in Part 4.2 of the quotation application. These include options expiring between 10 July 2026 (JLLAG, 200,000 options at $3.50 exercise price) and 31 December 2028 (JLLAZ, 1,500,000 options at $1.50). Noteworthy unquoted series include 2,027,027 JLLAW options expiring 28 August 2026 at $0.37 and 3,500,000 JLLAX options expiring 31 December 2027 at $0.60.

The breadth of unquoted securities highlights the complexity of Jindalee Lithium’s capital table. If all options and performance rights were exercised or vested, total dilution could be substantially higher than the current quoted share count indicates. No updates on unquoted securities’ terms or status were provided in this announcement.

Transaction Completion Follows May 2026 Placement Announcement

The process from initial placement announcement on 8 May 2026 to formal quotation on 3 July 2026 spans nearly two months, aligning with typical ASX procedures requiring settlement and administrative compliance before new shares are listed. The company’s confirmation that no further issuances remain finalises the transaction for all parties.

Jindalee Lithium employed a placement structure, a common capital-raising method for ASX-listed companies targeting institutional or sophisticated investors. No additional details regarding placement participants, use of proceeds, or strategic rationale were disclosed beyond prior announcements.

Implications of Updated Capital Structure for Shareholders

The completion of this placement tranche and quotation of associated securities marks a further step in Jindalee Lithium’s capital management. With 126,238,473 quoted ordinary shares outstanding and multiple option series active, the company’s fully diluted share count could be considerably higher if all instruments are exercised or vested. Investors should review the full capital table in the quotation application to assess their holdings.

Future updates on project developments or operational progress will be important for contextualising how the capital raised is being deployed. This quotation announcement did not include project-specific information; shareholders should consult separate operational releases for such details.

Jindalee Lithium’s Role in the Australian Lithium Market

Jindalee Lithium Limited operates within the Australian lithium exploration and development sector, which has garnered substantial investor interest amid rising global demand for battery materials. Trading under ticker JLL on the ASX, the company’s completion of small placement tranches like this one is a routine but vital aspect of funding exploration activities.

The immediate share price impact of this placement was not evident from public information at the time of the update. Lithium sector valuations have experienced volatility driven by commodity prices, project milestones, and market sentiment. While this placement finalisation does not constitute new operational news, it confirms the completion of a previously announced capital event and updates the company’s securities on issue.