Market Announcement

3 December 2018

Galilee Energy Limited (ASX: GLL) - Trading Halt

Description

The securities of Galilee Energy Limited ('GLL') will be placed in trading halt at the request of GLL, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 5 December 2018 or when the announcement is released to the market.

Issued by

Clare Porta

Adviser, Listings Compliance (Sydney)

3 December 2018

Market Announcement 1/1

ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

3 December 2018

Clare Porta

Senior Adviser, Listings Compliance ASX Limited

20 Bridge St SYDNEY NSW 2000 AUSTRALIA

By Email:clare.porta@asx.com.autradinghaltssydney@asx.com.au

Galilee Energy Limited ASX Code: GLL - Request for Trading Halt

Galilee Energy Limited (ASX: GLL) requests that ASX grant a trading halt of its securities with immediate effect, from prior to commencement of trading Monday 3 December 2018 pending the release of an announcement with regard to a proposed capital raising.

Galilee Energy expects that the trading halt will be lifted on or before market open Tuesday 4 December 2018 by the provision of an announcement to the ASX regarding the proposed capital raising.

In accordance with Listing Rule 17.1 Galilee Energy provides the following information:

a) The trading halt is requested pending an announcement to the ASX in relation to a proposed capital raising;

  • b) Galilee Energy requests that the trading halt remain in place until the earlier of:

    • (i) the commencement of normal trading on the second trading day after the trading halt commenced; and

    • (ii) the release of an announcement by Galilee Energy to the ASX in relation to the proposed capital raising.

  • c) Galilee Energy 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.

Yours sincerely

Stephen Rodgers

Company Secretary Galilee Energy Limited

A: Level 26, Riparian Plaza, 71 Eagle Street, Brisbane QLD 4000 / P: GPO Box 1944, Brisbane QLD 4001 /

T: +61 7 3177 9970 /

E:admin@galilee-energy.com.au

GALILEE ENERGY LIMITED

ABN: 11 064 957 419

ASX: GLLwww.galilee-energy.com.au

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Disclaimer

Galilee Energy Limited published this content on 03 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 December 2018 00:16:02 UTC