Vulcan Energy Resources Limited

VUL

AU0000066086

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 02:10:43 2024-04-26 am EDT			5-day change	1st Jan Change
3.2 ^AUD	+4.92%		+5.26%	+12.28%

Apr. 24	ABB, Vulcan Energy Resources Team Up for Lithium Reserve Project in Europe	MT
Apr. 11	Strong US Inflation Numbers Bear Down on Australian Shares	MT

Vulcan Energy Resources Limited: European Investment Bank proposes €500m financing for Vulcan's Zero Carbon Lithium Project

February 22, 2024 at 07:04 am EST

EQS-Ad-hoc: Vulcan Energy Resources Limited / Key word(s): Financing
Vulcan Energy Resources Limited: European Investment Bank proposes €500m financing for Vulcan's Zero Carbon Lithium Project

22-Feb-2024 / 12:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The European Investment Bank (EIB) has informed Vulcan Energy Resources Limited (Company) that the Company has passed the EIB's preliminary assessment for debt financing and has advanced to the stage of considering a financing proposal of up to EUR 500 million. The announcement has just been made via a publication on the EIB's website.

The decision does not yet constitute a definitive financing commitment. Possible financing by the EIB is subject to final due diligence, credit approvals, the conclusion of contractual agreements and approval by the EIB's governing bodies.

End of Inside Information

22-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	Vulcan Energy Resources Limited
	Level 2,267 St. Georges Terrace
	6000 Perth
	Australia
E-mail:	dtydde@v-er.eu
Internet:	www.v-er.eu
ISIN:	AU0000066086
WKN:	A2PV3A
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1843221


End of Announcement	EQS News Service

1843221 22-Feb-2024 CET/CEST

Latest news about Vulcan Energy Resources Limited

ABB, Vulcan Energy Resources Team Up for Lithium Reserve Project in Europe	Apr. 24	MT
Strong US Inflation Numbers Bear Down on Australian Shares	Apr. 11	MT
Vulcan Energy Resources Commences Lithium Chloride Production; Shares Surge 14%	Apr. 10	MT
Vulcan Energy starts its first lithium chloride production in Germany	Apr. 10	RE
Vulcan Energy Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
Vulcan Energy Announces Retirement of Mark Skelton as Non-Executive Director, Effective from February 1, 2024	Jan. 28	CI
Vulcan Energy Resources Appoints CFO	Jan. 14	MT
Vulcan Energy Resources Limited Announces CFO Changes	Jan. 14	CI
Vulcan Energy Resources Completes Environmental, Social Study for Zero Carbon Lithium Project	Dec. 07	MT
Vulcan Energy Resources Receives AU$200 Million Letter of Support for Lithium Project Development	23-10-25	MT
Vulcan Energy Resources Limited Receives $200 Million Letter of Support from Export Finance Australia	23-10-25	CI
Vulcan Energy Resources Updates Mineral Estimate of Zero Carbon Lithium Project	23-09-29	MT
Vulcan Energy Secures New License in Germany	23-09-21	MT
Vulcan Energy Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-11	CI
Vulcan Energy Resources Advances Development of Zero Carbon Lithium Project; Shares Fall 3%	23-09-06	MT
Stellantis invests more than $100 million in California lithium project	23-08-17	RE
Vulcan Energy Resources Limited Commences Commissioning At Lithium Extraction Optimisation Plant	23-08-17	CI
Vulcan Energy Resources Starts Commissioning at Lithium Extraction Optimization Plant in Germany	23-08-17	MT
Stellantis signs deal with Kuniko for supply of battery materials	23-06-30	RE
Vulcan Energy Resources Promotes Deputy CEO to Managing Director and CEO; Shares Rise 4%	23-06-29	MT
Consumer and property stocks drag Australian shares lower	23-06-29	RE
Vulcan Energy Resources Limited Appoints Cris Moreno as Managing Director	23-06-29	CI
Vulcan Energy Resources Limited Appoints Cris Moreno as CEO	23-06-29	CI
Vulcan Energy Resources Signs Term Sheet to Develop Zero Carbon Lithium Project	23-06-27	MT
Factbox-DLE companies racing to reshape global lithium production	23-06-16	RE

Chart Vulcan Energy Resources Limited

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Company Profile

Vulcan Energy Resources Limited is an Australia-based company engaged in geothermal energy and lithium exploration and production. The Companyâs segments include Germany, Other European (France and Italy) and Australia. The Germany segment is engaged in the supply of geothermal energy, exploration relating to the Zero Carbon Lithium Project and engineering services. The Other European segment is engaged in exploration relating to battery minerals and geothermal lithium. It focuses on decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint, from its geothermal lithium brine project in the Upper Rhine Valley, Germany. Its subsidiaries include Vulcan Energie Ressourcen GmbH, Vulcan Energy Europe Pty Limited, Vulcan Energy Subsurface Solutions GmbH, and Vulcan Energy Engineering GmbH, among others.

Sector

Specialty Mining & Metals

Calendar

2024-05-24 - Annual General Meeting

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Ratings for Vulcan Energy Resources Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.2 AUD

Average target price

9.25 AUD

Spread / Average Target

+189.06%

Consensus

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Estimates Revisions

Annual profits - Rate of surprise

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