Trading Halt

Key points

• Galilee Energy Ltd requests trading halt
• Pending announcement on proposed capital raising and licence agreement
• Trading halt to remain in place until announcement or market open on March 24

Full summary

Galilee Energy Ltd has requested a trading halt on its shares (ASX: GLL) pending an announcement regarding a proposed capital raising and licence agreement. The trading halt will remain in place until the earlier of the announcement being made or the commencement of trading on Monday, 24 March 2025. Galilee has requested the trading halt in accordance with ASX Listing Rule 17.1 to allow the company to consider and execute the proposed capital raising and licence agreement. The company expects the trading halt to be ended by the announcement referred to being made to the ASX. Galilee is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.