Jiangsu Plant achieves record production month of 795 tonnes in September Total production for the September quarter at 2,040 tonnes Sales volumes of 632 tonnes for September Total sales volume for the September quarter at 1,816 tonnes Record high monthly volumes of battery grade production and sales Steady ramp up at Jiangsu Plant [...]
Successful $37.5 million raising strengthens balance sheet Global lithium demand continues strong growth Jiangsu ramp up continues as planned Focus on Sal de Vida as next stage of strategic development Retirement of US$4 million of Chinese bank debt Further $1.1 million in annual corporate cost reductions PERTH, Australia, Sept [...]
Highlights Galaxy successfully raises an additional $20.3 million, following well received site visit from institutional investors, high net worth private investors and broker dealers This brings the total raise from the entitlement issue and shortfall placement to $37.5 million which is over three times the minimum subscription of the Rights [...]
PERTH, Australia, Aug. 27, 2013 /CNW Telbec/ - As announced to the ASX on 9 August 2013 and 14 August 2013, Galaxy Resources Ltd. (ABN 11 071 976 442) (Company) has lodged a compliance prospectus with the Australian Securities and Investments Commission (Prospectus) to facilitate secondary trading of securities issued under the shortfall from the [...]
Highlights Galaxy shares to resume trading on ASX today following $17.2 million capital raising Balance sheet strengthened, company to focus on production ramp-up Business operations moving forward with cost reduction review ongoing /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES [...]
Canada NewsWire PERTH, Australia, Aug. 14, 2013 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ PERTH, Australia, Aug. 14, 2013 /CNW Telbec/ - As announced to the ASX on 9 August 2013, Galaxy Resources Ltd. (ABN 11 071 976 442) (Company) has lodged a compliance prospectus with the Australian [...]
Canada NewsWire PERTH, Australia, Aug. 12, 2013 PERTH, Australia, Aug. 12, 2013 /CNW Telbec/ - Galaxy Resources Ltd. (GXY) ("Galaxy" or "Company") refers to its request for a trading halt on 26 April 2013 and subsequent requests on 30 April, 6 May and 20 May 2013 for trading in its securities to remain in suspension. As advised in the Company's [...]
Canada NewsWire PERTH, Australia, Aug. 9, 2013 PERTH, Australia, Aug. 9, 2013 /CNW Telbec/ - Galaxy Resources Ltd. (ABN 11 071 976 442) (Galaxy) refers to the non-renounceable pro rata entitlement offer of new shares (New Shares) and free attaching new options (New Options), announced to the ASX on 27 May 2013 (Rights Issue). As announced on 7 [...]
Canada NewsWire PERTH, Australia, Aug. 7, 2013 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ PERTH, Australia, Aug. 7, 2013 /CNW Telbec/ - Highlights Galaxy Entitlement Offer raises A$14.68m from valid applications, exceeding the issue minimum of A$12m Major shareholder commitments [...]
Canada NewsWire PERTH, Australia, Aug. 2, 2013 /NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR TO US PERSONS/ Highlights July lithium carbonate production increases 12% to 678 tonnes Total July product sales of 611 tonnes, up 11.5% Further increases in production and sales of battery grade lithium carbonate PERTH, Australia [...]
PERTH, Australia, July 28, 2013 /CNW Telbec/ - Highlights • A$5 million subordinated short term loan facility agreed with lending consortium with a view to convert to equity • Deutsche Bank agrees to subscribe to Entitlement Offer to maintain its position • Current acceptances, conversion of loan facility, and Deutsche Bank [...]
PERTH, Australia, July 26, 2013 /CNW Telbec/ - Highlights • Galaxy restructures convertible bonds under agreement with bondholders • Galaxy has the right to pre-pay bonds on basis of half cash/half shares plus options, on same basis as current Entitlement Offer, until 19 November 2013 • Alleviates the need for the Company to repay [...]
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