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Global Lithium Secures A$7.32M Equity and US$75M Offtake Prepayment from Lopal

9:56am on Wednesday 22nd of April, 2026 AEST Mining
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Global Lithium Secures A$7.32M Equity and US$75M Offtake Prepayment from Lopal

9:56am on Wednesday 22nd of April, 2026 AEST
Key Points
  • A$7.32 million equity placement completed with Lopal acquiring 5% stake
  • US$75 million offtake prepayment to fund Manna Lithium Project development
  • 10-year offtake agreement securing 40% of annual spodumene concentrate production
  • Sale of non-core Marble Bar lithium tenements for A$14.85 million to Lopal subsidiary
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