Volt Resources: Appointment of European Investor Relations Specialist and Corporate Advisor
Commencement of trading on Tradegate exchange in Germany
- Supports strategy of broadening overseas investor base to engage with European investors
- Supports increased European engagement with stakeholders in the EV supply stream
- Assists to increase corporate profile in Europe and share trading liquidity
02 September 2021. Graphite producer and battery anode material developer Volt Resources Limited [ASX: VRC| [FSE: R8L] (“Volt” or “the Company”) is pleased to announce it has appointed Frankfurt based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) as its investor relations and corporate advisor in Europe. This appointment complements the Company’s pre-existing quotation on the Frankfurt Stock Exchange.
The Company is further pleased to advise that its shares are now traded on Tradegate Exchange in Germany. This exchange facilitates the retail online trading for German and French banks and its members include Deutsche Bank, Commerzbank, and BNP.
DGWA – one of Germany’s leading investment banking boutiques – is focused on consulting and investment advisory for small and mid-cap companies. DGWA will help Volt to engage with retail, institutional and family office investors in the German speaking DACH region (Germany, Austria, and Switzerland) with a population of close to 100 million people, as well as the rest of Europe and UK.
DGWA will assist Volt increase awareness of its focus on growing shareholder value through the sustainable development, expansion and product development plans for it’s European graphite business.
Mr. Stefan Müller, the CEO of DGWA, said “We are excited to be partnering with Volt Resources here in Europe. The company is at an exciting stage with the recent purchase of 70% interest of Zavalievsky (ZG) graphite mine and processing facility in the Ukraine. Here in Europe, investor and stakeholder interest in sustainable downstream graphite producers is at record highs.
The tailwinds for a company such as Volt Resources in Europe are enormous and include 38 European gigafactories expected to be built by 2030, rules of origin on locally and sustainably sourced materials, and the banning of the sale of petrol and diesel cars by 2035. We expect to see investors interest and appetite for Australian companies in the EV stream continue to grow and we look forward to introducing Volt to investors in Europe.”
Trevor Matthews, Managing Director of Volt Resources Limited, commented “Volt is looking forward to working with Stefan and the DGWA team as we grow our graphite production base and develop our battery anode and other downstream graphite products business in Europe.
DGWA has facilitated the Company listing on Tradegate which provides access for German retail investors to benefit from Volt’s growth opportunities.”
About DGWA
Deutsche Gesellschaft für Wertpapieranalyse GmbH ("DGWA"), the German Institute for Asset and Equity Allocation and Valuation, is a boutique European investment and financial markets consulting firm based in Frankfurt and Berlin, Germany. The management team have a 25-year track record in trading, investing and analysing SMEs around the world. DGWA has been involved in over 250 IPO’s, financings, bond issues, dual listings, and corporate finance transactions as well as corresponding road shows and awareness campaigns.
-ENDS-
This announcement was authorised for release by the Board of Volt Resources Ltd.
For further information please contact:
Trevor Matthews
Managing Director
Tel: +61 8 9486 7788
Volt Resources Limited
Level 25, 108 St. Georges Terrace
Perth WA 6000 Australia
Phone: +61 (0)8 9486 7788
Email: [email protected]
Follow us on Twitter @ASXVolt
About Volt Resources Limited
Volt Resources Limited (“Volt”) is a graphite producer/developer and gold exploration company listed on the Australian Stock Exchange under the ASX code VRC. Volt has a 70% controlling interest in the Zavalievsky Graphite business in Ukraine. Zavalievsky is in close proximity to key markets with significant developments in LIB facilities planned to service the European based car makers and renewable energy sector. Zavalievsky benefits from an existing customer base and graphite product supply chains based on excellent transport infrastructure covering road, rail, river and sea freight combined with reliable grid power, ample potable ground water supply and good communications. Zavalievsky has current plans to install a processing plant and equipment in order to commence production of spheronised purified graphite (SPG) for the European LIB market within the next 12 months[i].
Volt is also progressing the development of its large wholly-owned Bunyu Graphite Project in Tanzania, as well as gold exploration in Guinea leveraging the Company’s existing extensive networks in Africa.
The Bunyu Graphite Project is ideally located near to critical infrastructure with sealed roads running through the project area and ready access to the deep-water port of Mtwara 140km from the Project. In 2018, Volt reported the completion of the Feasibility Study (“FS”) into the Stage 1 development of the Bunyu Graphite Project. The Stage 1 development is based on a mining and processing plant annual throughput rate of 400,000 tonnes of ore to produce on average 23,700tpa of graphite products[ii]. A key objective of the Stage 1 development is to establish infrastructure and market position in support of the development of the significantly larger Stage 2 expansion project at Bunyu.
The Guinea Gold Projects comprise 6 permits in Guinea, West Africa having a total area of 348km. The Projects are located in the prolific Siguiri Basin which forms part of the richly mineralised West African Birimian Gold Belt.
[i] Refer to Volt’s ASX announcements titled “Volt to Acquire European Graphite Business following Completion of Due Diligence” dated 14 May 2021 and “Completion of the ZG Group Transaction Following Execution of New Convertible Securities Facility” dated 26 July 2021.
[ii] Refer to Volt’s ASX announcement titled “Positive Stage 1 Feasibility Study Bunyu Graphite Project” dated 31 July 2018. The Company confirms that it is not aware of any new information or data that materially affects the information included in this document and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.
