Galaxy Resources Limited

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY)(PINK:GALXF), today announced the appointment of two key positions of the Mt Cattlin operational team. Mr Chris Rainford has been appointed the Resident Manager. Mr Phil Harris has been appointed the Safety, Health, Environmental and Quality (SHEQ) Manager.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY)(PINK:GALXF), today announced the successful completion of an institutional capital raising of A$65 million as part of the funding process for the Mt Cattlin mine at Ravensthorpe and the Jiangsu Lithium Carbonate Project in China.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) is pleased to announce a new reserve statement for the Mt Cattlin Spodumene Project near Ravensthorpe, Western Australia. The new reserve estimation is based on the May 2009 resource data, as well as the updated cost and revenue figures for the Mt Cattlin and the Jiangsu Lithium Carbonate Projects.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) today announced it has significantly extended its tenement footprint near the Mt Cattlin Project at Ravensthorpe in Western Australia through an agreement to acquire an 80% interest in a block of tenements from Traka Resources Limited.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) is pleased to announce the formal signing of the Loan Facility Agreement with Chinese investment company Creat Group Co Ltd (Creat) was completed yesterday in Beijing. The signing ceremony, signed by the Board of Directors of Creat and Galaxy, was witnessed by senior Chinese and Australian ministry officials, along with representatives of foreign and Chinese banks and financial institutions.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) is pleased to announce that it has signed a binding Share Subscription and Debt Facility Agreement ("Agreement") for financing of its lithium project with Creat Group Co Ltd (Creat), a private sector investment company based in Beijing, Peoples Republic of China.

Galaxy Resources Limited (ASX:GXY) today announced plans to introduce a new performance-based options plan to align the incentives of the directors and management with the objectives of the Company's new strategy to develop the Jiangsu Lithium Carbonate processing facility in China.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has awarded the Engineering, Procurement and Construction Management (EPCM) contract for its minerals processing plant at Mt Cattlin in Ravensthorpe to the DRA Pacific, Mintrex, BEC Engineering Joint Venture (DMB JV).

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has established a wholly owned investment subsidiary, Galaxy Lithium International Limited, registered in Hong Kong. The Hong Kong investment company will be used as the vehicle to establish the Wholly Foreign Owned Enterprise (WFOE) in the Peoples Republic of China (PRC) which will develop the Jiangsu Lithium Carbonate Project.

Galaxy Resources Limited (ASX:GXY) is pleased to provide to shareholders the June 2009 Quarterly Report which provides a summary of the progress made by your company. During the quarter, Galaxy commenced the Definitive Feasibility Study (DFS) of the Jiangsu Lithium Carbonate Project China and secured a site in the Zhangjiagang free trade zone. Key raw material supplies for the proposed lithium carbonate facility were also secured. Galaxy has also embarked on the sale of 30% interest in the project as a means of raising the required capital.