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Ookami Ltd. ( (AU:FL1) ) has shared an update.
First Lithium Limited has notified the market of the issuance of 8 million unlisted options exercisable at A$0.30 and expiring on 9 January 2030. The new options, to be issued on 9 January 2026, represent a form of unquoted equity that may provide additional incentive or capital-raising flexibility for the company, potentially increasing future dilution but also aligning stakeholder interests with long-term share price performance.
More about Ookami Ltd.
First Lithium Limited is an Australia-listed company focused on lithium exploration and development, positioning itself within the battery metals and broader resources sector to supply materials for the clean energy and electric vehicle markets.
Average Trading Volume: 40,353
Technical Sentiment Signal: Hold
Current Market Cap: A$13.04M
Learn more about FL1 stock on TipRanks’ Stock Analysis page.