16.09.2021 Vulcan Energy: Vulcan successfully completes A$200 million Placement to accelerate and expand its dual renewable energy and lithium development strategy

16.09.2021 Vulcan Energy: Vulcan successfully completes A$200 million Placement to accelerate and expand its dual renewable energy and lithium development  strategy

Highlights    

Vulcan successfully raises A$200 million via well supported  Placement from existing and new institutional investors, including  ESG-focused institutions.

Share Purchase Plan to open on 24 September 2021, available to eligible existing Vulcan shareholders to raise up to a further A$20 million.                                                                                                                                                                                                                                       

Proceeds from the Offer to support Vulcan’s goal of becoming the  world’s first fully integrated renewable energy and Zero Carbon Lithium™ Company, with Phase 1 production targeted for CY2024.                                  

The Offer coincides with Vulcan’s inclusion in the S&P/ASX300  Index, which is set to occur on 17 September 2021.                                                                    

 Vulcan is seeking to expand its Zero Carbon Lithium™ Project  development at a time of unprecedented demand for lithium.    

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