GLN
Director Trades
| Date | Director | Value |
|---|---|---|
| T. Gardiner | $16,214 | |
| T. Gardiner | $10,582 | |
| T. Gardiner | $9,308 | |
| T. Gardiner | $10,582 | |
| T. Gardiner | $8,363 | |
| J. de la Vega | $30,000 | |
| R. Homsany | $30,000 | |
| D. Jimenez | $30,000 | |
| T. Gardiner | $95,792 | |
| J. de la Vega | $200,000 | |
| T. Gardiner | $88,000 |
Company News
Galan Lithium secures key funding and offtake deal to fast-track Hombre Muerto West project
Galan Lithium (ASX: GLN) has secured key funding and signed an offtake agreement in a major breakthrough as it progresses its world-class Hombre Muerto West project (HMW) in Argentina. The offtake and operating agreements with Australian firm Authium will not only provide Galan with a market for the sale of 45,000 tonnes of lithium chloride […]
Galan Lithium granted Phase 2 mining permit for Hombre Muerto West project
Galan Lithium (ASX: GLN) has been granted a full Phase 2 mining permit for its wholly- owned Hombre Muerto West lithium brine project in Argentina. The permit was granted by the Catamarca Ministro – Ministerio de Mineria (Mines Department Minister) and covers all construction activities including ponds, processing plant, onsite laboratory, power and other required […]
Galan Lithium advances HMW project with $40m offtake prepayment and $25m capital raise
Galan Lithium (ASX: GLN) has advanced its wholly-owned Hombre Muerto West (HMW) lithium brine project in Argentina, securing a deal for an offtake prepayment and completing a capital raise to fully fund Phase 1 initial production. During the September quarter, the company entered into a memorandum of understanding with Chengdu Chemphys Chemical Industry for the […]
Galan Lithium launches $25m capital raising to fund Hombre Muerto West development
Galan Lithium (ASX: GLN) has launched a $25 million capital raising to fund further development of its flagship Hombre Muerto West (HMW) lithium project in Argentina’s Catamarca province. The company has received firm commitments for a $12m placement to institutional, sophisticated and professional investors at $0.105 per share. This represents an 8.7% discount to the […]
Weekly wrap: earnings season leaves ASX 200 higher
The final day of profit reporting saw the Australian share market jump higher as investors digested the final flurry of results. By the close the ASX 200 was up 0.6% or 46.8 points to 8091.9 points, with eight of the 11 sectors rising and the market up 0.9% for the week. Industrials performed strongly, up […]
Galan Lithium secures offtake prepayment deal for HMW LCE with Chengdu Chemphys
Galan Lithium (ASX: GLN) has secured an offtake prepayment deal with China’s Chengdu Chemphys Chemical in relation to its flagship Hombre Muerto West (HMW) project in Argentina. Under the terms of a memorandum of understanding, Galan will sell a minimum of 23,000 tonnes of lithium carbonate equivalent as a lithium chloride product over the first […]
Galan Lithium nears financing deal for HMW project amid growing investor interest
Galan Lithium (ASX: GLN) is closing in on securing financial support for its 100%-owned Hombre Muerto West (HMW) lithium brine project in Argentina. With strong development progress continuing at HMW, the company has further advanced its financing process with the shortlisting of partners and financiers after a period of negotiations. The company reported that discussions […]
Galan Lithium hits 40% completion rate at Hombre Muerto West Phase 1
Galan Lithium (ASX: GLN) has continued its priority focus on construction works at the wholly-owned, high-grade/low-impurity Hombre Muerto West (HMW) lithium project in Argentina’s Catamarca province. The company said overall completion of Phase 1 sits at approximately 40% with the pond system currently at 60% capacity and lithium inventories that will provide the feedstock for […]
Galan Lithium hits key milestone with 2,800-tonne LCE inventory at HMW project
Galan Lithium (ASX: GLN) has achieved another important step along the production pathway at its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina. Managing director Juan Pablo Vargas de la Vega told shareholders that the company’s success in accumulating an in-situ lithium mining inventory of more than 2,800 tonnes of lithium carbonate […]
Galan Lithium directors show confidence with $1.4 million share purchase
Galan Lithium (ASX: GLN) managing director Juan Pablo Vargas de la Vega and non-executive director Terry Gardiner have further highlighted their confidence in the company’s flagship Hombre Muerto West (HMW) project in Argentina by snapping up a significant parcel of shares in the company. Mr Vargas de la Vega and Mr Gardiner are investing $1 […]
Company Videos
Galan Lithium gains early cash flow opportunity through HMW offtake deal
Galan Lithium signs offtake agreement with Glencore for HMW lithium project in Argentina
Galan Lithium unveils ‘spectacular’ increase to flagship Hombre Muerto West lithium resource
Galan Lithium aspires to become preferred lithium carbonate supplier from Argentinian brine assets
Galan Lithium gets set for 2021 following compelling study results
Galan Lithium starts mine economic assessment just 18 months after first drilling
