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    GL1 — Global Lithium Resources News Story

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    Global Lithium jumps over 60% on proposed takeover by Titan Australia

    Picture of Global Lithium Resources logoGlobal Lithium Resources
    22/09/2026 01:33
    BUZZ-Global Lithium jumps over 60% on proposed takeover by Titan Australia
    ** Shares of Global Lithium Resources GL1.AX rise as much as 62.4% to A$1.08, their biggest ever intraday pct gain
    ** Shares hit highest level since January 2024
    ** Co enters deal with Titan Australia to be bought out for A$1.15 per share, a 73% premium to last closing price
    ** Deal values Global Lithium at ~A$333 million ($237.16 million)
    ** YTD, GL1 shares up 66.5% including session's move
         
    ($1 = 1.4041 Australian dollars)

    (Reporting by Nichiket Sunil in Bengaluru)
    ((Nichiket.Sunil@thomsonreuters.com))

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