Vulcan Energy Resources Completes Acquisition of Geox Assets in Germany

MT Newswires Live

2025/04/07

Vulcan Energy Resources (ASX:VUL) completed the acquisition of Germany-based Geox as part of consolidating the ownership of its upstream Phase One lithium and renewable energy assets, according to a Monday filing with the Australian bourse.

The assets include Geox's geothermal wells, renewable energy generation assets, and a geothermal and lithium license in the city of Landau in Germany, per the filing. They will now be part of Vulcan's upstream Phase One Lionheart project, the filing stated.

Vulcan Energy paid 3.3 million euros on April 7 and is due to make a final payment of 11 million euros any time up to Oct. 31, plus a 5% interest.

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They will now be part of Vulcan's upstream Phase One Lionheart project, the filing stated.</p><p>Vulcan Energy paid 3.3 million euros on April 7 and is due to make a final payment of 11 million euros any time up to Oct. 31, plus a 5% interest.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525149083","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525149083","pubTimestamp":1743980900,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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