GLOBAL LITHIUM RESOURCES LTD

Pre Money Equity Valuation
$18,317,791
Min Raise
$9,000,000
Max Raise
$10,000,000
Estimated Close
2021-04-06
Issue Type
IPO
Lead Manager
Argonaut Securities Pty Ltd
Type of Securities
Shares, Options
Date First Lodged
22/03/2021
Offer Costs $
$956,000
Market Cap Max
$28,317,791
Key Executives
Jamie Wright (MD), Warrick Hazeldine (NEC), Dianmin Chen (NED)
Company Address
Suite 8 7 The Esplanade Mt Pleasant WA 6153
Exchange
ASX
Chairman's Letter

Dear Investor
On behalf of the directors of Global Lithium Resources Limited (Global Lithium or
the Company), it gives me great pleasure to invite you to become a Shareholder
of the Company.
Global Lithium’s purpose is to become a leading lithium company in an
environmentally, socially and governance orientated manner for the benefit of all
its Shareholders.
The Company’s primary focus is its 100%-owned Marble Bar Lithium Project (MBLP),
an emerging lithium discovery located in the globally-recognised Pilbara region
of Western Australia. The Company has had significant exploration success
through the discovery of the Archer lithium deposit and declaration of a maiden
Mineral Resource, following three successful RC drilling programs. The directors
are confident that further exploration could result in an increase in the size of the
Archer deposit and that the wider MBLP project area is also highly prospective for
additional discoveries.
This Prospectus is seeking to raise a minimum of $9,000,000 and a maximum of
$10,000,000 via the issue of up to 50,000,000 Shares at an issue price of $0.20 per
Share under the Public Offer. The purpose of the Public Offer is to provide funds to
implement the Company’s business strategies (explained in Section 5).
Following a successful listing on the ASX, the Company’s focus will be to
recommence drilling at the Archer lithium deposit and commence exploration
activities across the wider MBLP.
The Global Lithium Board has significant expertise and experience in the mining
exploration industry and will direct the funds raised through the Public Offer to
cost-effective exploration and the advancement the Company’s business
strategy.
Following two years of exploration, we believe this is a fortuitous time to be
embarking on our initial public offering with the global push for carbon neutrality
driven by Electric Vehicle (EV) adoption and energy storage.
This Prospectus is being issued for the purpose of supporting an application to list
the Company on the Australian Securities Exchange commonly referred to as the
ASX. This Prospectus contains detailed information about the Company, its
business and the Offers, as well as the risks of investing in the Company, and I
encourage you to read it carefully. The Securities offered by this Prospectus should
be considered highly speculative.
I look forward to you joining us as a Shareholder and sharing in what we believe
will be exciting times ahead for the lithium market and Global Lithium
Investors. Before you make your investment decision, I urge you to read this
Prospectus in its entirety and seek professional advice if required.
Yours sincerely
Warrick Hazeldine
Chairman