Global Lithium Resources Ltd. (AU:GL1) has released an update.
Global Lithium Resources Ltd. is seeking to defer its 2024 Annual General Meeting as it addresses serious foreign control concerns with the Australian Treasury. The company is also pausing components of its Manna Lithium Project’s feasibility study to adapt to the downturn in the global lithium market, aiming to protect its financial health. This cautious approach aligns with industry-wide cost-cutting measures amid challenging market conditions.
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