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Galan Lithium Limited ( (AU:GLN) ) has provided an update.
Galan Lithium Limited has applied for quotation on the ASX of 211,957 new fully paid ordinary shares, issued on 16 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities slightly expands the company’s capital base and reflects ongoing capital management as it advances its lithium-focused projects, with implications for existing shareholders through incremental dilution and a marginally larger free float.
The most recent analyst rating on (AU:GLN) stock is a Hold with a A$0.39 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 ASX-listed resources company focused on lithium, operating in the battery metals sector. The company is involved in the exploration and development of lithium assets aimed at supplying the growing global electric vehicle and energy storage markets.
Average Trading Volume: 4,712,421
Technical Sentiment Signal: Hold
Current Market Cap: A$454.6M
See more data about GLN stock on TipRanks’ Stock Analysis page.