Australia's Green Technology Metals rises to 10-month high on $72 million Canadian contract extension

Chariot Resources

08/01/2026 24:35

** Shares of Australia's Green Technology Metals GT1.AX rise as much as 16% to A$0.058, their highest level since March 11

** The lithium explorer says it has received extended Letter of Interest (LOI) from Export Development Canada (EDC) until December 2026

** Co says LOI for financing support of up to C$100 million ($72.16 million) for development of Seymour Lithium Project in Canada, announced earlier in late December 2024

** GT1 stock down 40.6% in 2025

($1 = 1.3859 Canadian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))