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Galan Lithium Expands Capital with New Share Issuance

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Galan Lithium Limited ( (AU:GLN) ) just unveiled an update.

Galan Lithium Limited has issued 99,832,755 fully paid ordinary shares as part of a placement announced earlier in April 2025. This issuance allows the shares to be sold under an exemption in the Corporations Act, potentially enhancing liquidity and providing the company with additional capital to support its operations and strategic initiatives.

More about Galan Lithium Limited

Galan Lithium Limited is a company operating in the lithium industry, focusing on the production and development of lithium resources. The company is involved in the exploration and advancement of lithium projects, aiming to meet the growing demand for lithium in the energy storage and electric vehicle markets.

YTD Price Performance: -24.32%

Average Trading Volume: 43,758

Technical Sentiment Signal: Buy

Current Market Cap: €51.96M

See more data about GLN stock on TipRanks’ Stock Analysis page.

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