Global Lithium Resources Ltd. (AU:GL1) has released an update.
Global Lithium Resources Ltd., a prominent West Australian lithium company, has received a revised notice from substantial shareholder Sincerity Development Pty Ltd, pushing for board restructuring, including the nomination of Mr. Liaoliang Zhu as a director. The notice suggests the removal of two current non-executive directors and proposes a cap on the board size. The company is reviewing the notice and promises updates on any significant changes to its shareholders.
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