NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- HiTech Minerals Inc. ("HiTech Minerals"), a wholly owned subsidiary of Jindalee Lithium Limited ("Jindalee") (ASX: JLL), and Constellation Acquisition Corp. I ("Constellation") (OTCPK: CSTAF), a special purpose acquisition company sponsored by affiliates of Antarctica Capital, LLC ("Antarctica"), today announced that Ian Rodger, Chief Executive Officer of HiTech Minerals and incoming Chief Executive Officer of US Elemental Inc. (the "Company"), will participate in the upcoming Water Tower Research Fireside Chat Series, taking place on Thursday, July 16, 2026 at 2:00 pm ET. The Company expects to list on Nasdaq under the ticker symbol "ULIT" upon completion of its proposed business combination with Constellation (the "Transaction").
The Fireside Chat will be hosted by Dmitry Silverstein, Managing Director at Water Tower Research, and will cover the following topics:
Why the Company is taking one of America's largest lithium resources public through its proposed Nasdaq listing and business combination with Constellation?
What makes the McDermitt Project a strategic U.S. lithium asset, including its scale, development potential, and role in strengthening the domestic battery supply chain?
How government support, responsible development, and improving lithium market fundamentals are creating momentum for critical minerals projects in North America?
The key technical, permitting, and corporate milestones investors should watch as McDermitt advances toward feasibility and its next phase of growth.
This event is open access for all investors to participate. Interested parties can register for the event through Water Tower Research at: Event Registration Link
ABOUT US ELEMENTAL
US Elemental Inc. is a U.S. lithium development company focused on advancing large-scale domestic lithium resources. The Company's portfolio includes the McDermitt Lithium Project in Oregon and the Clayton North Project in Nevada, which are positioned to support growing demand for battery materials and critical minerals in the United States.
ABOUT JINDALEE
Jindalee Lithium is an Australian company focused on developing the McDermitt Lithium Project, one of the largest lithium resources in the U.S. With 100% ownership and unencumbered offtake rights, Jindalee is strategically positioned to support America's energy security and domestic supply of critical minerals. In November 2024 the Company completed a Pre-Feasibility Study1 (PFS) confirming McDermitt's scale, long-life, and low-cost production potential, with strong engagement from US government agencies, including the Department of Energy.