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Cauldron Energy ( (AU:CXU) ) has issued an announcement.
Cauldron Energy Limited has announced a proposed issue of 324,756,580 ordinary fully paid securities as part of a standard pro rata issue, which is renounceable. This move is likely to impact the company’s financial structure and market positioning, potentially providing additional capital to support its operations and strategic initiatives.
More about Cauldron Energy
Cauldron Energy Limited operates in the energy sector, focusing on the exploration and development of uranium and other mineral resources. The company is involved in projects that aim to harness these resources for energy production, catering to the growing demand for sustainable energy solutions.
YTD Price Performance: -16.67%
Average Trading Volume: 1,533,631
Technical Sentiment Signal: Sell
Current Market Cap: A$13.15M
Learn more about CXU stock on TipRanks’ Stock Analysis page.