SPAC Plutonian II inks $500M EV merger with Australian miner NT1

Plutonian Acquisition Corp. II

Definitive BCA signed Sept 3, 2026; NT1 shareholders get Purchaser shares valued at $10.00/share.
Estimated enterprise value of NT1 is USD $500 million; expected close in 2027.
Combined company to list on NYSE, subject to shareholder and regulatory approvals.
NT1 retains management; focuses on rare earths, niobium, and IOCG in West Arunta, WA/NT.
Plutonian CEO cites strong public-market platform; NT1 CFO cites access to U.S. capital.

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