Galilee Energy Plans Capital Raise, Enters Trading Halt
Company Announcements

Galilee Energy Plans Capital Raise, Enters Trading Halt

Galilee Energy Limited (AU:GLL) has released an update.

Galilee Energy Limited (ASX: GLL) has requested a trading halt for its securities as the company prepares for a proposed capital raising and corporate transaction. The halt will remain until either an announcement is made or trading resumes on Thursday, 15 August 2024. The move is aimed at allowing the company to consider and execute the financial activities without market interference.

For further insights into AU:GLL stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App