Leo Lithium Ltd. (AU:LLL) has released an update.
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Leo Lithium Ltd. has announced plans to distribute proceeds from the sale of its 40% stake in Mali Lithium BV, including a capital return and an unfranked dividend totaling A$0.172 per share, pending shareholder approval. The distribution is expected to occur in January 2025, with a shareholder meeting scheduled to finalize the details. This move reflects the company’s ongoing efforts to manage capital effectively following the completion of a significant transaction.
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