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An update from Galan Lithium Limited ( (AU:GLN) ) is now available.
Galan Lithium Limited has applied to the ASX for quotation of 86,560,979 new fully paid ordinary shares, to be issued on 4 February 2026 under its existing Appendix 3B arrangements. The substantial share issue will expand the company’s quoted capital base on the ASX, potentially enhancing its funding capacity for lithium project development and supporting its market positioning within the rapidly growing battery materials sector.
The most recent analyst rating on (AU:GLN) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
More about Galan Lithium Limited
Galan Lithium Limited is an Australia-based resources company focused on the exploration and development of lithium assets, with its primary business centred on supplying lithium, a key raw material for the global battery and electric vehicle industries.
Average Trading Volume: 5,957,910
Technical Sentiment Signal: Hold
Current Market Cap: A$420.4M
Learn more about GLN stock on TipRanks’ Stock Analysis page.