Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)
Lithium
43.33
(0.09%)
Gold
2,798.40
0.41%
Copper
4.36
(0.14%)
Oil
69.09
2.4%
Bitcoin
72,793.17
0.12%
FTSE 100
8,159.63
(0.73%)
Nikkei 225
39,277.39
0.45%
Dow Jones
42,141.54
(0.26%)
Iron Ore
103.80
0.21%
USD/AUD
0.66
0.21%
Hang Seng
20,380.64
(1%)

Galan Lithium (ASX: $GLN) raises $650,000 through At-the-Market-Raise

Galan Lithium's At-the-Market-Raise Announcement


Galan Lithium Limited (ASX: $GLN) has successfully raised $650,000 through its At-the-Market Subscription Agreement (ATM) with Acuity Capital. The company agreed to issue 4,750,000 fully paid ordinary GLN.ASX shares at an issue price of $0.137 per share, representing a discount of 11.5% to the 15-day VWAP of $0.155 to Friday 2 August 2024 (inclusive). The funds raised will be allocated towards working capital.

Executive Commentary on At-the-Market-Raise


The Company is pleased to have utilized the At-the-Market Subscription Agreement with Acuity Capital to raise funds. This strategic move will bolster our working capital, enabling us to pursue our operational objectives effectively.

Summary of Galan Lithium's At-the-Market-Raise


Galan Lithium Limited (ASX: $GLN) has successfully raised $650,000 through its At-the-Market Subscription Agreement with Acuity Capital. The issuance of 4,750,000 shares at a price of $0.137 per share will provide the company with additional working capital. This financial boost is expected to support Galan Lithium in advancing its operational endeavors and furthering its corporate goals.

GALAN LITHIUM LIMITED
GLN | ASX | Materials
0.180(+0%)
At close 29/10 (AEDT)
Market cap
$131.2M
Volume
4,328,761
DY Yield
PE Ratio
52 Week Range
0.099937 - 0.91
1YR Return
N / A

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