Vulcan Energy has made significant progress in advancing the financing of its Phase One Zero Carbon Lithium™ Project. It has agreed a term sheet with Nobian for investment into its Central Lithium Plant, this would not only mean the equity financing of the Central Lithium Plant is covered, but the execution would be materially de-risked. Vulcan has also raised €66m through a placing, giving it a cash position of €166m. We believe these two acts help to materially de-risk the financing with Vulca ....
30 May 2023
Cenkos: Vulcan Energy Resources Ltd -- Nobian deal and fund raise
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Cenkos: Vulcan Energy Resources Ltd -- Nobian deal and fund raise
- Published:
30 May 2023 -
Author:
John-Marc Bunce | Will Dymott -
Pages:
11
Vulcan Energy has made significant progress in advancing the financing of its Phase One Zero Carbon Lithium™ Project. It has agreed a term sheet with Nobian for investment into its Central Lithium Plant, this would not only mean the equity financing of the Central Lithium Plant is covered, but the execution would be materially de-risked. Vulcan has also raised €66m through a placing, giving it a cash position of €166m. We believe these two acts help to materially de-risk the financing with Vulca ....