Global Lithium Resources Ltd. (AU:GL1) has released an update.
Global Lithium Resources Limited, a prominent player in the West Australian lithium market, has announced the cancellation of 239,995 employee incentive performance rights due to unmet vesting conditions, affecting its Executive Chair, Ron Mitchell, among others. The company, boasting significant lithium projects including the fully owned Manna and Marble Bar Lithium Projects, reports a combined mineral resource of 69.6Mt at 1.0% Li2O, reinforcing its position as a major lithium entity. Official documentation regarding the cancellation will follow this announcement.
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