Constellation Acquisition Corp. to merge with US Elemental, list McDermitt Lithium Project on Nasdaq as ULIT

Lithium Americas Corp
Constellation Acquisition Corp I

Lithium Americas Corp

LAC

0.00

Constellation Acquisition Corp I

CSTAF

0.00
  • Constellation Acquisition Corp. I agreed to combine with US Elemental, a new Nasdaq vehicle to bring the McDermitt Lithium Project to U.S. public markets.
  • McDermitt is currently owned by Jindalee Lithium via HiTech Minerals; Jindalee is expected to retain a significant stake post-transaction.
  • The deal contemplates raising USD 20 million to USD 30 million to fund the next phase of project work.
  • McDermitt sits on the Oregon-Nevada border near Lithium Americas’ Thacker Pass; the resource is cited at 21.5 million tonnes of lithium carbonate equivalent.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Constellation Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-078823), on July 17, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.