GALAN LITHIUM LIMITED — Director's Dealing 2020

Feb 4, 2020

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	RICHARD HOMSANY
Date of appointment	5 FEBRUARY 2020

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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 within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

205,676 fully paid ordinary shares in the name of Richard and Rosa Homsany ATF the Homsany Family A/C

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

	Name of holder & nature of interestNote: Provide details of the circumstances giving rise to the relevantinterest.Cardinals Corporate Pty Ltd<Cardinals Corporate A/C>	Number & class of Securities727,583 fully paid ordinary shares and55,554 options exercisable at $0.25 on orbefore 31 August 2020

Part 3 – 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.

Not Applicable

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1