Galilee Energy Ltd: Continuation of Suspension from Quotation
Key points
- GLL securities were halted on 27 July 2026 for a material exploration update
- Trading halted again on 29 July 2026 due to pending capital raising announcement
- Suspension extended multiple times until 10 August 2026
- ASX imposed suspension as GLL failed to release required announcement
Full summary
Galilee Energy Limited (ASX: GLL) experienced a suspension of its securities from quotation starting on 27 July 2026, pending a material exploration update. The suspension continued as GLL was unable to release the required announcement. Subsequent extensions were granted, with the latest being until 10 August 2026. ASX has now imposed a suspension under Listing Rule 17.3.1 as GLL failed to comply with the directive to release an announcement by the commencement of trading on 10 August 2026.
Outlook
GLL must release an announcement to ASX to comply with Listing Rules and reinstate trading in its securities.
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