Vulcan Energy Resources (ASX:VUL) raised 100 million euros via the placement of about 28 million shares at 3.57 euros apiece, according to a Thursday filing with the Australian bourse.
Proceeds will be used to start the execution of the first phase of its Lionheart project in Germany, the filing said.
The company will also offer eligible shareholders on the register as of Tuesday the opportunity to participate in a share purchase plan to raise up to 12.2 million euros, according to the filing.
Shares fell nearly 12% in afternoon trade Friday.
Price (AUD): $5.86, Change: $-0.78, Percent Change: -11.75%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。