middle.news

Can Cauldron Energy’s $1.95M Raise Ignite Uranium Exploration at Yanrey?

1:40am on Monday 2nd of June, 2025 AEST Mining
Read Story

Can Cauldron Energy’s $1.95M Raise Ignite Uranium Exploration at Yanrey?

1:40am on Monday 2nd of June, 2025 AEST
Key Points
  • Fully underwritten pro-rata entitlement issue to raise up to $1.95 million
  • Offer ratio of 2 new shares for every 9 held at $0.006 per share
  • Funds earmarked primarily for Yanrey Uranium Project exploration and holding costs
  • Underwriter Parle Investments may increase voting power to 34.88% if others do not participate
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Cauldron Energy (ASX:CXU)
OPEN ARTICLE