ARTIS-Uli Deck// 10.02.2022 Vulcan Energy Resources, Börse Frankfurt am Main, Bulle und Bär -ARTIS-ULI DECK, Werrabronner Strasse 19 D-76229 KARLSRUHE TEL: 0049 (0) 721-84 38 77 FAX: 0049 (0) 721 84 38 93 Mobil: 0049 (0) 172 7292636 E-Mail: Veröffentlichungen mit Namensnennung: ARTIS-Uli Deck

CO2-free lithium producer Vulcan Energy in the Prime Standard on the Frankfurt Stock Exchange

Vulcan Energy, one of the leading pioneers in the production of CO2-free lithium, completes the dual listing on the Frankfurt Stock Exchange (FSE). The Federal Financial Supervisory Authority (BaFin) approved the application for a secondary listing in the Prime Standard market segment submitted last week. Vulcan’s existing listing on the Australian Securities Exchange (ASX) in Sydney will remain unaffected by the dual listing on the FSE.

With the entry into force of the FSE listing, Vulcan will become the first Australian Stock Exchange (ASX) listed company to receive a dual listing on the FSE’s Prime Standard. Start of trading is today, Tuesday, February 15, 2022. The company’s common stock can be traded on the FSE under the stock symbol “VUL”. The listing prospectus can be found on the Investor Center of the website.

“The secondary listing on the FSE will strengthen the international profile of our company while at the same time offering European and international investors the opportunity to invest in Vulcan, our Zero Carbon Lithium™ project and the European energy transition. With the listing on the Prime Standard, we are presenting ourselves even the strictest requirements that the FSE places on corporate governance and reporting.This is how we can guarantee that Vulcan meets the highest standards of transparency and management”, says Horst Kreuter, Managing Director of the German Vulcan Energie Resources GmbH.

Vulcan has set itself the goal of actively promoting the decarbonization of the battery industry and thus the turnaround in transport, and with the current IPO is laying the groundwork for a successful growth course. Going forward, Vulcan will be even more focused on securing appropriate geothermal and lithium prospecting licenses and leveraging the potential of existing assets and prospects. Vulcan customers now include Volkswagen, Renault, Stellantis, LG Energy Solutions and Umicore. Deliveries of the first large quantities of CO2-free lithium are to begin as early as 2024.

Vulcan will retain its existing primary listing on the ASX and will continue trading there as “VUL”. Investors (including existing Vulcan shareholders) wishing to buy or sell Vulcan shares through the FSE rather than the ASX can contact their broker for further information. Joh. Berenberg, Gossler & Co. KG (Berenberg) acts as listing agent. Vulcan has retained Ashurst LLP as legal advisor in relation to the FSE listing.

15.02.2022   |  

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