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from Vulcan Energy Resources Limited (isin : AU0000066086)

EQS-Adhoc: Vulcan Energy Resources Limited: Export Finance Australia conditionally approves €120m (AU$196m) commitment

EQS-Ad-hoc: Vulcan Energy Resources Limited / Key word(s): Financing/Funds
Vulcan Energy Resources Limited: Export Finance Australia conditionally approves €120m (AU$196m) commitment

08-Dec-2024 / 23:28 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.


Export Finance Australia (EFA) has conditionally approved a €120m (~AU$196m) commitment as part of the Vulcan’s debt financing process for its Phase One integrated lithium and renewable energy project. 

This approval by EFA follows the non-binding Letter of Support received by the Company in October 2023. The commitment is subject to completion of final due diligence, signing of legal documentation including Australian export contract. The Company is expecting to receive commitments from other funding parties in the coming weeks.

 

 



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Language:English
Company:Vulcan Energy Resources Limited
Unit 1, Level 11, 1 Spring Street
WA 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:2046395

 
End of AnnouncementEQS News Service

2046395  08-Dec-2024 CET/CEST

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