Vulcan Energy shareholders approve placement share issue

Vulcan Energy Resources Limited (Vulcan) announced the successful passing of the sole resolution at its Extraordinary General Meeting held on Friday, October 10, 2025. The resolution, concerning the ratification of the issue of placement shares, was approved by poll.

Out of 69,807,498 total proxy votes exercisable, 67,086,391 (96.10%) were cast for the resolution, with 2,567,642 (3.68%) against, and 153,465 (0.22%) left to the proxy's discretion. The final poll results showed 67,513,677 (96.34%) votes in favor and 2,567,642 (3.66%) against, resulting in the "Carried" outcome. A total of 40,098 abstentions were recorded.

The company is developing the world's first carbon-neutral, integrated lithium and renewable energy business. Its Lionheart Project in the Upper Rhine Valley Brine Field is noted as Europe's largest lithium resource.