Australia's Global Lithium delays AGM on foreign interference concerns

Global Lithium Resources

20/11/2024 06:09

MELBOURNE, Nov 20 (Reuters) - Global Lithium  GL1.AX 
will push back its annual shareholder meeting to February to
allow time for the Australian government to review a potential
breach by a shareholder of foreign acquisition laws. 
    Global Lithium notified the markets of the court's approval
for it to delay the meeting by three months to Feb. 14 in an
exchange filing on Tuesday and said it would provide more
information on the matter soon.
    The deferral will give more time for the Treasury of the
Australian government to consider a report that Global Lithium
submitted to the agency on potential breaches of the Foreign
Acquisitions and Takeovers Act, the company said in the filing.
        

 (Reporting by Melanie Burton; Editing by Christian
Schmollinger)
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