Application for quotation of securities - GLN

Galan Lithium Limited has successfully completed a significant equity placement, issuing 86,560,979 new ordinary fully paid shares at $0.41 per share, strengthening its capital base and positioning the company for future growth.

<ul><li>Issued 86,560,979 new ordinary fully paid shares at an issue price of $0.41 AUD per share.</li><li>Total issued capital now comprises 1,238,264,820 quoted shares and 47,645,627 quoted options (expiring March 2029).</li><li>Tranche 2 of the capital raising (13.4 million shares) is pending shareholder approval, expected at a March 2026 general meeting.</li><li>Placement enhances financial flexibility to pursue Galan Lithium’s growth strategy and future operational objectives.</li><li>Further issues of securities and capital initiatives remain subject to shareholder and regulatory approval.</li></ul>

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Application for quotation of securities - GLN