Global Lithium Resources (ASX:GL1) shareholder meeting update

Global Lithium Resources Limited (ASX:GL1) has confirmed that the WA Supreme Court has ordered the upcoming shareholder meetings to be combined and held on the same day at the Annual General Meeting (AGM) scheduled for 20 November 2024. This decision follows the Company's attendance at a hearing before Her Honour Justice Hill on 18 September 2024, where it sought orders to ensure that section 249D requisitions submitted by Sincerity Development Pty Ltd are dealt with at or around the same time as the Company's 2024 AGM.

Executive Commentary on Shareholder Meeting Decision

The Board successfully sought to have the section 249D resolutions put forward by Sincerity considered at the Company's AGM in order to reduce costs, implement cost-cutting measures, ensure corporate governance issues are resolved, understand any remaining issues from Sincerity, protect shareholders' rights, and allow time for appropriate board nominations. The Company will make further announcements regarding the AGM in due course. - Approved for release by the Executive Chairman Global Lithium Resources Limited.

Summary of Global Lithium Resources (ASX:GL1) Shareholder Meeting Update

Global Lithium Resources Limited (ASX:GL1) has received orders from the WA Supreme Court to combine upcoming shareholder meetings with the AGM scheduled for 20 November 2024. The decision aims to streamline processes, reduce costs, and ensure all corporate governance issues are addressed. The Company will continue to provide updates on the AGM as necessary. Shareholders can expect further details on the resolutions and nominations in the evolving lithium market. The Company's primary focus remains on the Manna Lithium Project in the Goldfields and the Marble Bar Lithium Project in the Pilbara region, Western Australia.