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GALAN LITHIUM LTD

0.160

+0.01510.34%

Volume:12.37M

Turnover:1.94M

Market Cap:154.23M

PE:-7.74

High:0.165

Open:0.150

Low:0.150

Close:0.145

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Overview Company News Filings

BRIEF-Galan Lithium Rejects Offer From Zhejiang Huayou Cobalt & Renault Group For Argentina Assets

Australia's Galan Lithium declines $150 million buyout bid for Argentine assets

BUZZ-Australia's Galan Lithium rises after co rejects buyout bid from Huayou Cobalt, Renault

Galan Lithium to Raise AU$575,000 via Share Placement

MT Newswires Live

Galan Lithium's Argentina Project Potential Medium-Term M&A Target, Euroz Hartleys Says

MT Newswires Live

Galan Lithium Raises $3 Million via Share Placement

MT Newswires Live

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April 3  - Australia's Galan Lithium GLN.AX said on Thursday that it rejected an offer from Zhejiang Huayou Cobalt Co 603799.SS and Renault Group RENA.PA to acquire the lithium explorer's stake in its Argentine assets for $150 million in cash.Galan Lithium described the offer as \"opportunistic\" and \"undervalued\", adding that it was for the purchase of the company's entire interest in the Hombre Muerto West  and Candelas projects in Argentina.Shares of Galan were up 38.1% at A$0.145, as of 0111 GMT, while the broader benchmark index .AXJO was down 1.5%. The stock climbed to its highest level since early January.Last August, EnergyX, a lithium technology startup company, made a $150 million offer to purchase Galan's Argentine assets.The Hombre Muerto West project, Galan's flagship project, is located near lithium projects and owned by ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nL3N3QH042:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4144","603799","ALTM","BK7504","BK0077","GLN.AU","BK7095","BK0182","BK0196","BK4109","BK0233","BK0155"],"gpt_icon":0},{"id":"2524422521","title":"BUZZ-Australia's Galan Lithium rises after co rejects buyout bid from Huayou Cobalt, Renault","url":"https://stock-news.laohu8.com/highlight/detail?id=2524422521","media":"Reuters","labels":["shareholding","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524422521?lang=en_us&edition=fundamental","pubTime":"2025-04-03 09:14","pubTimestamp":1743642851,"startTime":"0","endTime":"0","summary":"BUZZ-Australia's Galan Lithium rises after co rejects buyout bid from Huayou Cobalt, Renault** Shares of Galan Lithium GLN.AX rise as much as 38.1% to A$0.145, their biggest intraday percentage gain since November 19, 2020** Stock hits its highest level since January 7** The lithium explorer says it received and rejected a $150 million offer from Zhejiang Huayou Cobalt Co 603799.SS and Renault RENA.PA to acquire its stake in its Argentine assets** About 19 million shares change hands, vs the 30-day average of 1.6 million** Stock down 25%, YTD, including the day's move  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nL3N3QH04F:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["603799","BK7504","BK7095","GLN.AU","BK0182","BK0077","BK0155","BK0233","BK0196"],"gpt_icon":0},{"id":"2523998218","title":"Galan Lithium to Raise AU$575,000 via Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2523998218","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523998218?lang=en_us&edition=fundamental","pubTime":"2025-03-31 06:40","pubTimestamp":1743374443,"startTime":"0","endTime":"0","summary":"Galan Lithium  used its at-the-market subscription agreement with Acuity Capital to raise AU$575,000 through the placement of 5.7 million fully paid ordinary shares at AU$0.101 per share, according to a March 28 filing with the Australian bourse.The issue price is an 8.2% discount to the company's 15-day volume-weighted average price.The funds raised will be used for working capital, the filing said.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PLS.AU","GLN.AU","BK7095","BK7504"],"gpt_icon":0},{"id":"2509731787","title":"Galan Lithium's Argentina Project Potential Medium-Term M&A Target, Euroz Hartleys Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2509731787","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509731787?lang=en_us&edition=fundamental","pubTime":"2025-02-07 08:26","pubTimestamp":1738887991,"startTime":"0","endTime":"0","summary":"Galan Lithium  Hombre Muerto West project in Argentina is a potential medium-term target for mergers and acquisitions, with mining giant Rio Tinto Group  and South Korean steelmaker Posco Holdings both developing areas of the same basin, Euroz Hartleys said in a Thursday note.The project is targeting production in early 2026 and is still in the commissioning phase with a small start-up scale, however, successful commissioning presents an opportunity for investors, Euroz Harlteys said.A key de-risking catalyst is securing full project financing while rising lithium carbonate prices could enhance the project's outlook, Euroz added.Euroz Hartleys started a speculative buy rating on Galan Lithium at a price target of AU$0.20.Shares of the mining firm rose past 4% in recent Friday trade.Price : $0.13, Change: $+0.0050, Percent Change: +4.17%","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7095","LU2238339852.HKD","AUD","RIO.AU","GLN.AU","LU0426412945.USD","LU0994945656.USD","BK4125","LU0345774631.USD","LU1043141123.HKD","LU0426417589.USD","BK7507","BK7504","PLS.AU","BK7511"],"gpt_icon":0},{"id":"2507501127","title":"Galan Lithium Raises $3 Million via Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2507501127","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507501127?lang=en_us&edition=fundamental","pubTime":"2025-01-29 14:47","pubTimestamp":1738133278,"startTime":"0","endTime":"0","summary":"Galan Lithium  raised $3 million from Latam Resources, an affiliate of Chengdu Chemphys Chemical Industry, through a share placement, according to a Tuesday filing with the Australian bourse.The placement was first disclosed last September and secured shareholder approval on Nov. 15, 2024, the filing said.The funds will be directed towards ongoing Phase 1 operations at Galan's Hombre Muerto West lithium project in Argentina, the filing said.Additionally, the company is working towards finalizing an offtake prepayment facility, with a targeted financial close in the first quarter of the year.Shares of the company rose past 4% at market close.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7095","GLN.AU","BK7504","PLS.AU"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":2,"totalSize":26,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/GLN.AU\",params:#limit:5,,,undefined,":[{"market":"AU","date":"2024-09-12","symbol":"GLN.AU","defaultRemindTime":1726099200000,"type":"split","dateTimestamp":1726063200000,"forFactor":975,"toFactor":1000,"ratio":0.975}],"@#url:\"https://hq.skytigris.cn/fundamental/dividend/history\",params:#symbol:\"GLN.AU\",market:\"AU\",,,undefined,":[]}}