Oct 12 (Reuters) - Galan Lithium Ltd GLN.AX :
* GOT FIRM COMMITMENTS FOR PLACEMENT OF ABOUT 23.1 MILLION SHARES AT A$0.13 PER SHARE TO RAISE $3 MILLION (BEFORE COSTS)
* PROCEEDS OF PLACEMENT WILL BE APPLIED TOWARDS ADVANCEMENT OF HOMBRE MUERTO WEST LITHIUM PROJECT