Vulcan Energy Resources Ltd. (AU:VUL) has released an update.
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Vulcan Energy Resources Ltd. has successfully raised €100 million through an institutional and strategic placement, issuing around 28 million new shares. The funds will be used to advance the Lionheart Project, focusing on lithium and renewable energy integration, positioning Vulcan to capitalize on Europe’s shift towards electric mobility. The completion of this placement highlights strong investor confidence in Vulcan’s ambitious carbon-neutral energy strategy.
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