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Galilee Energy Limited ( (AU:GLL) ) has shared an announcement.
Galilee Energy Limited has announced a proposed issue of 166,666,667 ordinary fully paid securities, with the issue date set for March 31, 2025. This strategic move is aimed at raising capital, potentially impacting the company’s operational capabilities and positioning within the energy sector, while also influencing stakeholder interests.
More about Galilee Energy Limited
Galilee Energy Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is engaged in identifying and developing energy projects with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 638,926
Technical Sentiment Signal: Buy
Current Market Cap: A$3.34M
See more data about GLL stock on TipRanks’ Stock Analysis page.