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Galilee Energy Limited ( (AU:GLL) ) has issued an update.
Galilee Energy Limited has issued an addendum to its 17 December 2025 notice of general meeting, adding four new resolutions to be considered at the 27 January 2026 shareholder meeting and updating certain voting exclusion statements. The new resolutions seek shareholder approval for director participation by Eduardo Robaina in a previously announced placement, including the issue of new shares and options, as well as the proposed grant of 24 million performance rights each to directors Eduardo Robaina, Dale Hanna and Joseph Graham, in line with ASX Listing Rule 10.11 and the Corporations Act. To facilitate voting on these changes, the company has circulated a replacement proxy form, clarifying that shareholders who wish to alter prior instructions or vote on the additional resolutions must submit the new form, while those satisfied with earlier votes on existing resolutions may rely on their original proxy, which will not cover the new items.
The most recent analyst rating on (AU:GLL) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.
More about Galilee Energy Limited
Galilee Energy Limited is an Australian-listed company in the energy sector, focused on exploration and development of gas and related energy projects. The company engages with shareholders through regular general meetings and capital management initiatives as it advances its asset portfolio and corporate strategy.
Average Trading Volume: 893,835
Technical Sentiment Signal: Sell
Current Market Cap: A$8.09M
For an in-depth examination of GLL stock, go to TipRanks’ Overview page.