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Global Lithium Secures A$7.32 Million Placement to Advance Manna Lithium Project

7:15pm on Thursday 28th of May, 2026 AEST Mining
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Global Lithium Secures A$7.32 Million Placement to Advance Manna Lithium Project

7:15pm on Thursday 28th of May, 2026 AEST
Key Points
  • Raised A$7.32 million through 13.84 million shares issued to Lopal
  • Lopal now holds approximately 5% stake with shares under 12-month escrow
  • Funds earmarked for progressing Manna Lithium Project to final investment decision
  • Placement satisfies one condition of Lopal’s US$75 million prepayment obligation
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