Galan Lithium Limited (ASX:GLN) Raises $1.8 Million Through ATM
Capital Raise Announcement
Galan Lithium Limited (ASX:GLN) has successfully raised $1,800,000 through its At-the-Market Subscription Agreement with Acuity Capital. The company will issue 15,000,000 fully paid ordinary shares at an issue price of $0.12 per share, matching the 15-day VWAP.
Use of Funds
The funds acquired from this capital raise will be allocated toward working capital to support ongoing operations and future growth.
Company Comments
The Board of Galan has approved this announcement as part of its strategic funding efforts. Further details will be provided in an upcoming Appendix 2A.
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