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Cauldron Energy Closes $1.95M Entitlement Offer with Underwriter Covering $557K Shortfall

7:01am on Thursday 19th of June, 2025 AEST Energy
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Cauldron Energy Closes $1.95M Entitlement Offer with Underwriter Covering $557K Shortfall

7:01am on Thursday 19th of June, 2025 AEST
Key Points
  • Entitlement offer raised $1.95 million at $0.006 per share
  • Strong subscription for 231.87 million shares totaling $1.39 million
  • Shortfall of 92.89 million shares worth $557,332 remains
  • Underwriter Parle Investments to cover the shortfall
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