Global Lithium to Spin Out Gold Assets via MB Gold IPO.

Global Lithium Resources Limited (ASX: GL1) has announced plans to spin out its Marble Bar gold assets into a new company, MB Gold Limited, which is targeting an ASX listing under the ticker MBG in Q1 2026. The move aims to unlock value from GL1’s gold tenure while allowing the company to focus on its core lithium projects, including the flagship Manna Lithium Project near Kalgoorlie. MB Gold will acquire select tenements and 100% of the precious and base metal rights around Marble Bar, offering GL1 8 million MB Gold shares and AU$900,000 in consideration.

The IPO seeks to raise a minimum of AU$6 million through 30 million shares priced at AU$0.20 each, led by Ventnor Securities. GL1 will retain an 18% stake in MB Gold, ensuring continued exposure to future discoveries. The spin-out includes the Twin Veins, Douglas Find, and Razorback gold prospects spanning approximately 515 km².

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com