Leo Lithium Distributes $116M from Goulamina Sale, Eyes New Acquisitions

• Completed sale of Goulamina Project interest to Ganfeng for US$161 million gross
• Distributed 17.2 cents per share to shareholders, combining capital return and special dividend
• Board restructured with two directors retiring and Simon Hay appointed Executive Chairman
• Cash reserves remain strong at A$269.3 million post-sale, with A$60 million expected after distributions