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Can Cauldron Energy’s $1.95M Raise Ignite Uranium Exploration at Yanrey?
1:40am on Monday 2nd of June, 2025 AEST
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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
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