GALAN LITHIUM LIMITED — Director's Dealing 2019

Jan 7, 2019

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	Galan Lithium Limited
ABN	87 149 349 646

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for thepurposes of section 205G of the Corporations Act.	We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for thepurposes of section 205G of the Corporations Act.
Name of Director	Juan Pablo Vargas de la Vega
Date of last notice	21/8/18

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company,interests which come withinparagraph(i)of the definition of “notifiable interest of a director” should be disclosed in thispart.	Note: In the case of a company,interests which come withinparagraph(i)of the definition of “notifiable interest of a director” should be disclosed in thispart.
Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Patiperro Pty Ltd (Patiperro S/Fund). Mr Vargas de la Vega is a beneficiary.
Date of change	3/1/19, 4/1/19, 7/1/19
No. of securities held prior to change	Direct 6,840,785 fully paid ordinary shares 5,117,659 unquoted options exercisable at $0.14 (expiring 31/12/19) Indirect Nil
Class	Fully paid ordinary shares
Number acquired	1. 123,030
Number disposed	2. 17,241
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. $35,857 2. $5,000
No. of securities held after change	Direct 6,823,544 fully paid ordinary shares 5,117,659 unquoted options exercisable at $0.14 (expiring 31/12/19) Indirect 123,030 fully paid ordinary shares

Number acquired	1. 123,030
Number disposed	2. 17,241
Value/Consideration	1. $35,857
Note: If consideration is non-cash, provide details and estimated valuation	2. $5,000
No. of securities held after change	Direct
	6,823,544 fully paid ordinary shares
	5,117,659 unquoted options exercisable at $0.14 (expiring 31/12/19)
	Indirect
	123,030 fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Example: on-market trade, off-market trade, On market trades exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and a valuation Interest after change

Part 3 –[+] Closed period

.

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002