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Here’s why the Vulcan Energy (ASX:VUL) share price is storming 14% higher – The Motley Fool Australia
The Vulcan Energy Resources Ltd (ASX:VUL) share price is storming 14% higher on Thursday. Here’s what you need to know…
The Vulcan Energy Resources Ltd(ASX: VUL) share price has returned from its trading halt and is pushing higher on Thursday.
In early trade, the clean lithium company’s shares are up 14% to $8.94.
Why is the Vulcan share price storming higher?
Investors have been buying Vulcan shares on Thursday after it announced the receipt of firm commitments for its $120 million placement to sophisticated, professional, and institutional investors. These funds are being raised at $6.50 per new share, which is…
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