ASX:VULMetals and Mining
Vulcan Energy Resources (ASX:VUL) Is Down 31.8% After A$1.07 Billion Equity Raise Announcement - What's Changed
Earlier in December 2025, Vulcan Energy Resources Limited filed a very large A$1.07 billion follow-on equity offering of ordinary shares at A$4 each, structured across multiple tranches and including a rights offering with a subsequent direct listing.
The scale and structure of this capital raise suggest Vulcan is preparing for substantial funding needs, potentially tied to project development or balance sheet reinforcement that could reshape how investors think about the business.
We’ll now...