Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Green Technology Metals Ltd (GT1.ASX) |
|---|---|
| Release Time | 28 Jul 2026, 9:45 a.m. |
| Price Sensitive | Yes |
Green Technology Metals Ltd Quarterly Activities Report
- Completed A$11.0 million recapitalisation to fund Seymour project
- Advanced permitting and approvals for Seymour project
- Identified tantalum and rubidium as potential additional revenue streams
- Awarded C$500,000 grant from Ontario Government's CMIF
- Strengthened board and management team with new CFO
Green Technology Metals Ltd (ASX: GT1) has completed a transformational A$11.0 million recapitalisation, providing the necessary funding to advance the Seymour Lithium Project. The company is progressing the Definitive Feasibility Study (DFS), permitting, and approvals, with the Mine Closure Plan expected to be submitted in November 2026. Two additional critical mineral streams, tantalum and rubidium, have been identified, which could enhance the project's economics. The company has also been awarded a C$500,000 grant from the Ontario Government's Critical Minerals Innovation Fund (CMIF) to support technical studies and process waste stream characterization. Board and management strengthening is ongoing, with the appointment of a new Chief Financial Officer, Peter Nazareth. The company remains well-positioned to capitalize on the growing demand for lithium and supportive government policies.