GLN 2.33% 22.0¢ galan lithium limited

Offer Price: A$0.23 per share.Attaching Options:One unlisted...

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    Offer Price:

    A$0.23 per share.

    Attaching Options:

    One unlisted option for every two shares subscribed with an exercise price of A$0.35 & expiry of 2 years from issue (New Options).

    Discount:

    • Discount to last close price of A$0.29/sh: 20.7%.
    • Discount to 5 trading day VWAP of A$0.312/sh: 26.3%.
    • Discount to 10 trading day VWAP of A$0.302/sh: 23.8%.

    Offer Details:

    • A$10m placement (Placement), with the ability to accept overs, at A$0.23 per share and,
    • Subject to shareholder approval
    • Director participation of a minimum of A$0.5m (subject to shareholder approval).

    Use of Proceeds:

    • Further development of the Hombre Muerto West lithium brine project (HMW)
    • Corporate overheads
    • Working capital


 
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Last
22.0¢
Change
0.005(2.33%)
Mkt cap ! $104.0M
Open High Low Value Volume
22.0¢ 23.0¢ 21.5¢ $397.6K 1.796M

Buyers (Bids)

No. Vol. Price($)
4 86082 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 100000 4
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
22.0¢
  Change
0.005 ( 1.85 %)
Open High Low Volume
22.0¢ 22.5¢ 21.8¢ 595245
Last updated 15.58pm 04/06/2024 ?
GLN (ASX) Chart
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