BRIEF-Jadar Resources Says To Spin Out Its Serbian Lithium And Borate Assets

* TO SPIN OUT ITS SERBIAN LITHIUM AND BORATE ASSETS. * TO SPIN OUT ASSETS INTO A BALKAN FOCUSED UNIT BALKAN MINING AND MINERALS. * BALKAN WILL UNDERTAKE IPO AND SEEK LISTING ON OFFICIAL LIST OF AUSTRALIAN SECURITIES EXCHANGE. * UNDER PROPOSED TRANSACTION, JADAR WILL RETAIN AN INTEREST OF ABOUT...