EQS-News: Vulcan Energy Resources Limited
/ Key word(s): Personnel
Appointment of Non-Executive Director Vulcan Energy (Vulcan, ASX: VUL, FSE: VUL, the Company) is pleased to announce the appointment of HOCHTIEF Chief Strategy Officer and CIMIC Group President and Executive Director, Roberto Gallardo, to the Company's Board of Directors, effective immediately. The appointment follows an investment in Vulcan by HOCHTIEF as part of the Company's comprehensive financing package announced in December 20251. The investment comprised of a €39m (A$69m) investment in the Lionheart Project entity and a cornerstone subscription of €130m (A$232m) in Vulcan shares, with HOCHTIEF currently a 15.41% shareholder of Vulcan. Under the terms of the cornerstone subscription agreement, HOCHTIEF exercised its right to nominate a Director to the Vulcan Board. HOCHTIEF and its company Sedgman were also selected as the Company's engineering, procurement and construction management contractors for the Lionheart Project following a competitive tender process. A civil engineer, Mr Gallardo has more than 30 years' international experience in infrastructure investment, construction and business development across the Americas, Europe and Australia. He holds a Bachelor of Science in Civil Engineering and a Master of Science in Urban Planning from ETSI Caminos Canales y Puertos in Madrid.
ENDS> 1 See the Financing Package Announcement and the Financing and FID Presentation both released to ASX on 3 December 2025, for further information. For and on behalf of the Board Daniel Tydde | Company Secretary
Jeremy McManus | Head of Investor Relations | jmcmanus@v-er.eu | +61 422 000 675 Judith Buchan | Head of Corporate Communications | jbuchan@v-er.eu | +61 411 597 326 Please contact Vulcan's Legal Counsel Germany, Dr Meinhard Grodde, for matters relating to the Frankfurt Stock Exchange listing on mgrodde@v-er.eu
Vulcan Energy (ASX: VUL, FSE: VUL) is building the world's first integrated carbon neutral lithium and renewable energy business to decarbonise battery production. Located in the Upper Rhine Valley Brine Field between Germany and France, Vulcan's Lionheart Project (Lionheart) is a lighthouse project for Europe's energy and critical raw material resilience. Extraction is only the starting point for Vulcan. The Company has reimagined mining using innovation to integrate and capture more of the value chain. The Company has made its positive Final Investment Decision on Lionheart, construction is underway, offtake contracted and further phases of production are in planning. For more information, please go to www.v-er.eu
Some of the statements appearing in this announcement may be in the nature of forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which Vulcan operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside Vulcan's control. Vulcan does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Vulcan, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of this announcement. This announcement is not an offer, invitation or recommendation to subscribe for, or purchase securities by Vulcan. Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision.
01.04.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Vulcan Energy Resources Limited |
| Unit 1, Level 11, 1 Spring Street | |
| WA 6000 Perth | |
| Australia | |
| E-mail: | dtydde@v-er.eu |
| Internet: | www.v-er.eu |
| ISIN: | AU0000066086 |
| WKN: | A2PV3A |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate BSX |
| EQS News ID: | 2302646 |
| End of News | EQS News Service |
2302646 01.04.2026 CET/CEST
