BUZZ-Australia's Global Lithium Resources hits record low on corporate, operational changes

Reuters09-10

** Shares of Global Lithium Resources fall as much as much as 13.2% to a record low of A$0.165

** Lithium miner says it is implementing corporate and operational changes considering the "downturn in the global lithium market"

** Co is pausing several components of a definitive feasibility study for its Manna lithium project in Western Australia

** Co also announces a material reduction in monthly expenditure and a reduction in board size to three from four

** Stock set for worst session since Sept. 4, if current losses hold

** GL1 down 85.9% YTD, as of 1248 GMT

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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