Galan Lithium Raises Nearly AU$2 Million From At-the-Market Subscription Deal

MT Newswires Live

2024/12/30

Galan Lithium (ASX:GLN) raised AU$1.8 million following the execution of an at-the-market subscription agreement with Acuity Capital, according to a Friday filing with the Australian bourse.

As part of the deal, the mining firm will issue 15 million shares at AU$0.12 apiece to the financial services firm, the filing said.

Proceeds will be used for working capital, the filing added.

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