Request for Voluntary Suspension

Rhea-AI Summary

Galan Lithium (ASX:GLN, OTC:GLNLF) has requested a voluntary suspension of its securities effective immediately. The suspension is pending an operational update on commissioning of Phase 1 production at the Hombre Muerto West project.

The company asks that the suspension last until it releases this update or until trading commences on Thursday, 28 May 2026, whichever occurs first. Galan Lithium states it is not aware of any reason the suspension should not be granted.

Positive

• Clear timeline: suspension to end by or before 28 May 2026
• Forthcoming operational update on Phase 1 commissioning at Hombre Muerto West

Negative

• Voluntary suspension halts trading in Galan Lithium securities
• Operational details on Phase 1 commissioning temporarily unavailable to the market

News Market Reaction – GLNLF

+10.51%

+10.51% News Effect

On the day this news was published, GLNLF gained 10.51%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Galan Lithium Limited (ASX:GLN) requests that its securities be placed in voluntary suspension effective immediately.

PERTH CITY CENTRE, AU / ACCESS Newswire / May 26, 2026 / Galan Lithium Limited (ASX:GLN) requests that its securities be placed in voluntary suspension effective immediately.

The suspension is requested pending the release of an operational update on the commissioning of Phase 1 production at Hombre Muerto West.

The Company requests that the suspension remains in place until the earlier of the Company making the release referred to above, or commencement of trading on Thursday 28 May 2026.

The Company is not aware of any reason why the voluntary suspension should not be granted.

For and on behalf of the Galan Board.

For further information contact:

COMPANY	MEDIA
Juan Pablo ("JP") Vargas de la Vega	Matt Worner
Managing Director	Vector Advisors
jp@galanlithium.com.au	mworner@vectoradvisors.au
+ 61 8 9214 2150	+61 429 522 924

About Galan

Galan Lithium Limited (ASX:GLN) is an ASX-listed lithium exploration and development business. Galan's flagship assets comprise two world-class lithium brine projects, HMW and Candelas, located on the Hombre Muerto Salar in Argentina, within South America's 'lithium triangle'.

SOURCE: Galan Lithium Limited

View the original press release on ACCESS Newswire

FAQ

Why did Galan Lithium (GLNLF) request a voluntary suspension on May 26, 2026?

Galan Lithium requested a voluntary suspension to await an operational update on commissioning of Phase 1 production at Hombre Muerto West. According to Galan Lithium, trading will pause until that update or a set date.

How long will Galan Lithium (GLNLF) securities remain in voluntary suspension?

The suspension is requested to remain until Galan Lithium releases its operational update or until trading starts on Thursday, 28 May 2026. According to Galan Lithium, trading should resume by that date at the latest.

What operational update is Galan Lithium (GLNLF) preparing for Hombre Muerto West Phase 1?

Galan Lithium is preparing an operational update on commissioning of Phase 1 production at its Hombre Muerto West project. According to Galan Lithium, the voluntary suspension will last until this commissioning update is released or trading resumes.

How does the Galan Lithium (GLNLF) voluntary suspension affect shareholder trading?

During the voluntary suspension, shareholders cannot trade Galan Lithium securities on the exchange. According to Galan Lithium, this pause is temporary and tied to releasing an operational commissioning update or reaching 28 May 2026.

Is Galan Lithium aware of any reason its voluntary suspension should not be granted?

Galan Lithium states it is not aware of any reason the voluntary suspension should not be granted. According to Galan Lithium, the request is procedural while it prepares an operational update on Phase 1 commissioning.

What is the key date mentioned in Galan Lithium (GLNLF) voluntary suspension request?

The key date is Thursday, 28 May 2026, when trading is scheduled to commence if the update is not released earlier. According to Galan Lithium, the suspension will end no later than that date.