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Latam Resources Acquires Substantial Stake in Galan Lithium

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Latam Resources Acquires Substantial Stake in Galan Lithium

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The latest announcement is out from Galan Lithium Limited ( (AU:GLN) ).

Latam Resources Pty Limited has become a substantial holder in Galan Lithium Limited, acquiring a 5.22% voting power through 42,835,724 ordinary shares. This acquisition, valued at US$3,000,000, marks a significant development for Galan Lithium Limited, potentially impacting its shareholder dynamics and strategic positioning within the lithium sector.

More about Galan Lithium Limited

YTD Price Performance: -8.11%

Average Trading Volume: 27,800

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €61.24M

For detailed information about GLN stock, go to TipRanks’ Stock Analysis page.

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