Vulcan Energy Updates Executive Contracts and Share Escrow Release

Vulcan Energy Resources Ltd. ( (AU:VUL) ) just unveiled an announcement.

Vulcan Energy has updated the employment agreements for its Managing Director and Group CEO, Mr. Cris Moreno, and Executive Director and Group CFO, Ms. Felicity Gooding, to include a termination provision allowing them to resign with six months’ notice and receive an additional six months’ salary if their roles are materially reduced or downgraded. Additionally, 1,680,672 shares issued to CIMIC Group during a capital raise will exit voluntary escrow on June 30, 2025, potentially impacting the company’s stock liquidity and shareholder dynamics.

The most recent analyst rating on (AU:VUL) stock is a Buy with a A$11.50 price target. To see the full list of analyst forecasts on Vulcan Energy Resources Ltd. stock, see the AU:VUL Stock Forecast page.

More about Vulcan Energy Resources Ltd.

Vulcan Energy (ASX: VUL, FSE: VUL) is pioneering a carbon-neutral, integrated lithium and renewable energy business aimed at decarbonizing battery production. The company is developing the Lionheart Project in the Upper Rhine Valley Brine Field, which is the largest lithium resource in Europe. Vulcan uses its proprietary VULSORB® technology to produce lithium from sub-surface brines, creating a sustainable lithium source for European electric vehicle batteries.

Average Trading Volume: 685,310

Technical Sentiment Signal: Sell

Current Market Cap: A$944.7M

For a thorough assessment of VUL stock, go to TipRanks’ Stock Analysis page.