The Conversation (0)
August 01, 2024
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce that it has utilised its At-the-Market Subscription Agreement (ATM) with Acuity Capital (see announcements on 12 April 2024, 14 May 2024, 11 June 2024, 12 July 2024 and 15 July 2024) to raise $650,000 (inclusive of costs) by agreeing to issue 4,750,000 fully paid ordinary GLN.ASX shares to Acuity Capital at an issue price of $0.137 per share.
The 4,750,000 Galan shares will be issued out of the Company’s LR7.1A capacity. The issue price of $0.137 represents a discount of 11.5% to the 15-day VWAP of $0.155 to Friday 2 August 2024 (inclusive).
The funds raised will be put towards working capital.
An Appendix 2A will follow.
Click here for the full ASX Release
This article includes content from Galan Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
GLN:AU
20 April 2025
Galan Lithium
Developing high-grade lithium brine projects in Argentina
Developing high-grade lithium brine projects in Argentina Keep Reading...
24 August 2025
Successful Due Diligence Ends - $20M Placement To Proceed
Galan Lithium (GLN:AU) has announced Successful Due Diligence Ends - $20m Placement To ProceedDownload the PDF here. Keep Reading...
01 August 2025
Final At-The-Market Raise for 2025
Galan Lithium (GLN:AU) has announced Final At-The-Market Raise for 2025Download the PDF here. Keep Reading...
30 July 2025
Quarterly Activities and Cash Flow Report
Galan Lithium (GLN:AU) has announced Quarterly Activities and Cash Flow ReportDownload the PDF here. Keep Reading...
25 July 2025
Incentive Regime for HMW Project in Argentina
Galan Lithium (GLN:AU) has announced Incentive Regime for HMW Project in ArgentinaDownload the PDF here. Keep Reading...
24 July 2025
Trading Halt
Galan Lithium (GLN:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
20 March
Parliamentary Ratification of Ewoyaa Mining Lease
Parliament of Ghana issues official approval of the Mining Lease in respect of the Ewoyaa Lithium Project, representing a significant de-risking milestoneAtlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, "Atlantic Lithium" or the "Company"), the Africa-focused lithium exploration and... Keep Reading...
19 March
Two Dollars of Drilling for Every One Raised: The Junior Mining Structure Most Investors Miss
When investors focus on geology, they are literally and figuratively on the rocks. By solely looking at the physicality of a project, they overlook the very framework that determines how those rocks translate into value.Mining studies posit that “a lack of effective strategies to develop capital... Keep Reading...
13 March
California Lithium Developer CTR to Go Public in US$4.7 Billion SPAC Deal
Lithium developer Controlled Thermal Resources (CTR) plans to go public through a US$4.7 billion merger with special purpose acquisition company (SPAC) Plum Acquisition in a deal aimed at accelerating development of a major geothermal and lithium project in California.The companies said the... Keep Reading...
13 March
Snow Lake Announces Name Change to Frontier Nuclear and Minerals Inc. and Trading Symbol Change to "FNUC"
Name Change and New Trading Symbol to be effective on March 16, 2026Snow Lake Resources Ltd., dba Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company"), a nuclear fuel cycle company, announces that it will change its name to "Frontier Nuclear and Minerals Inc.", and will change its... Keep Reading...
12 March
LFP Batteries Claim 60 Percent of Global Market as North America Scrambles to Build Supply Chain
The rise of lithium-iron-phosphate (LFP) batteries was a popular theme at the Benchmark Week Summit in Toronto, where industry executives said the chemistry’s combination of safety, versatility and lower costs is driving explosive growth across electric vehicles and grid storage.According to... Keep Reading...
12 March
Lake Johnston drill program testing extensions to Xmas Gold Discovery and Medcalf Lithium Resource
Charger Metals NL (ASX: CHR, “Charger” or the “Company”) is pleased to provide a drilling progress update at its 100%-owned Lake Johnston Lithium and Gold Project (“Lake Johnston”) in the Yilgarn, Western Australia. Charger has completed a total of 3,054m drilling this quarter to date, including... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00