Jindalee Lithium Limited · ASX:JLL
Jindalee Lithium — Investor Presentation (June 2026)
17 slides from Jindalee Lithium's investor presentation, June 2026
Slide 1: Entering the Next Growth Cycle
Entering the Next Growth Cycle US Elemental S-4 Filing - Transaction and Project Progress Update ASX Code JLL OTCQX JNDAF Investor Presentation | June 2026 jindaleelithium.com
Slide 2: Warning Statement
Warning Statement This Presentation has been prepared by Jindalee Lithium Limited (“Jindalee,” or “JLL”) was first released to the ASX on 19 November 2024 (PFS Announcement). This future commodity streams. If it does so, such arrangements may materially reduce and is authorised for release by its Ch
Slide 3: Warning Statement – USA Specific
Warning Statement – USA Specific No Offer or Solicitation: The Presentation does not constitute an offer to sell, or a copyrights of third parties, which are the property of their respective owners. The use renewal of any assessments, permits, licenses or other governmental notices or solicitation o
Slide 4: Warning Statement – USA Specific
Warning Statement – USA Specific Use of Projections: The projections, estimates and targets in the Presentation are financial results provide useful information to management and investors regarding the Potential Business Combination. INVESTORS AND SECURITY HOLDERS ARE forward-looking statements tha
Slide 5: Agenda
Agenda 01. Funding Update Up to A$11M capital raise - Placement, Entitlement Offer and commitments 02. Transaction Recap US Elemental, the US$500M equity valuation and the path to a NASDAQ listing 03. S-4 Filed Registration statement now with the SEC - the critical path to completion Catalysts and 0
Slide 6: Funding Update
Funding Update Capital raise of up to A$11M announced 8 May 20261,2 - funding the US Elemental Transaction and key McDermitt Project activities PLACEMENT ENTITLEMENT OFFER COMMITMENTS SECURED USE OF PROCEEDS ~A$8.5M Up to ~A$2.5M ~A$10.2M Transaction + McDermitt ~A$8.4M closed. Placement to Director
Slide 7: Transaction Recap
Transaction Recap1 US$500M equity valuation and clear funding Change to Corporate Structure pathway to advance McDermitt Project2 ▪ Business Combination Agreement (BCA) signed with Constellation Acquisition Corp. I Current (Constellation), a US SPAC3 sponsored by Antarctica Capital, LLC (Antarctica)
Slide 8: Strategic Rationale
Strategic Rationale Accelerating US Capital Flows into critical minerals Positioning McDermitt at the centre of US critical minerals capital and policy momentum VanEck Rare Earth and Strategic Metals ETF (REMX) AVG Daily Trading Volume (K Shares) ▪ Access deep US capital markets with proven appetite
Slide 9: S-4 Filed - Advancing the Critical Path
S-4 Filed1 - Advancing the Critical Path SEC2 review is expected to be the critical path to completion, alongside shareholder & listing approvals and other closing conditions3 ITERATIVE 1 2 3 3 5 6 S-4 FILED SEC REVIEW AMENDED FILINGS DECLARED CONSTELLATION CLOSING Initial Filing Complete Comments a
Slide 10: Executing the Transaction, Unlocking the Next Growth Cycle
Executing the Transaction, Unlocking the Next Growth Cycle Key corporate and project catalysts through 2026 and beyond STATUS KEY Completed 2027 Q1 2026 Q2 2026 Q3 2026 Q4 2026 In progress Planned onwards De-SPAC Business Combination JLL • Transaction Complete → US Elemental listed on NASDAQ S4 File
Slide 11: Q&A
Q&A Further information Ian Rodger enquiry@jindaleelithium.com jindaleelithium.com Managing Director & Chief Executive Officer +61 8 9321 7550
Slide 12: Positioned to Unlock Value from McDermitt
Positioned to Unlock Value from McDermitt Oregon Key investment highlights: View in Vrify View in Vrify McDermitt: Strategic asset supporting America’s critical mineral needs ✓ One of the largest lithium resources in the US @ 21.5Mt LCE(1). ✓ PFS confirms 60+ year, large-scale, low-cost production i
Slide 13: Company Overview
Company Overview Corporate snapshot(!) Share price (ASX:JLL, OTCQX:JNDAF) Share Capital (ASX:JLL, OTCQX:JNDAF) 120.8m A$/share Share Price A$0.365 1.20 Performance Rights & Options 39.6m Market Capitalisation A$44.1m 1.00 Cash(2) A$12.1m Investments(2) A$0. 6m 0.80 Debt NIL Enterprise Value A$31.4m
Slide 14: Illustrative Transaction Overview
Illustrative Transaction Overview Key Highlights Sources and Uses • HiTech Minerals Inc. (HiTech) equity valuation of US$500M1 Uses US$M Sources3 US$M • Transaction contemplates capital raise of US$20-30M, with US$4M to be committed by Antarctica Capital (~US$1.5M funded on BCA signing) Jindalee Rol
Slide 15: McDermitt - Empowering American manufacturing and energy security
McDermitt - Empowering McDermitt is one of the largest lithium (and magnesium) deposits in the US and of global significance. McDermitt is ideally situated to plug in to the growing US battery American manufacturing manufacturing industry. and energy security(1) $3.23B(2) 17.9% $3.02B $8,080/t LCE(2
Slide 16: Board and management team with proven success in creating value for shareholders
Board and management team with proven success in creating value for shareholders Wayne Zekulich Ian Rodger Non-Executive Chair Managing Director & Chief Executive Officer Mr Wayne Zekulich was appointed to the Jindalee Board as Chair on 1 February 2024. Wayne is Mr Ian Rodger is a mining executive w
Slide 17: Appendix - McDermitt Reserve and Resource tables
Appendix 1 - McDermitt Reserve and Resource tables McDermitt Mineral Resource Estimate (2023) Indicated Resource Inferred Resource Indicated and Inferred Resource Cut-off Grade (ppm Li) Tonnage (Mt) Li Grade (ppm) LCE (Mt) Tonnage (Mt) Li Grade (ppm) LCE (Mt) Tonnage (Mt) Li Grade (ppm) LCE (Mt) 1,0