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Galan Lithium Unveils $4M Share Purchase Plan After $13M Placement

3:32am on Monday 2nd of June, 2025 AEST Mining
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Galan Lithium Unveils $4M Share Purchase Plan After $13M Placement

3:32am on Monday 2nd of June, 2025 AEST
Key Points
  • Galan Lithium completed a $13 million placement to institutional investors
  • A Share Purchase Plan (SPP) is offered to existing shareholders to raise $4 million
  • SPP shares priced at $0.11, matching the placement price
  • Offer made under ASIC Instrument 2019/547 without additional disclosure
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