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Leo Lithium Faces Board Restructuring Proposal from Firefinch

Story Highlights
  • Leo Lithium operates in the lithium exploration and development industry.
  • Firefinch proposes a board restructuring at Leo Lithium, seeking to replace all current directors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leo Lithium Faces Board Restructuring Proposal from Firefinch

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Leo Lithium Ltd. ( (AU:LLL) ) just unveiled an announcement.

Leo Lithium Ltd. has received a proposed notice from Firefinch Limited to hold a general meeting aimed at restructuring the company’s board by removing all current directors and appointing new ones. The company is assessing the validity of this notice and will update shareholders on any significant developments.

The most recent analyst rating on (AU:LLL) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Leo Lithium Ltd. stock, see the AU:LLL Stock Forecast page.

More about Leo Lithium Ltd.

Leo Lithium Ltd. operates in the lithium industry, focusing on the exploration and development of lithium resources. The company is based in West Perth, Australia, and is listed on the Australian Securities Exchange under the ticker LLL.

Technical Sentiment Signal: Hold

Current Market Cap: A$605.1M

Learn more about LLL stock on TipRanks’ Stock Analysis page.

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