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Cauldron Energy ( (AU:CXU) ) has provided an announcement.
Cauldron Energy has issued 21,965,343 new fully paid ordinary shares following the conversion of options, expanding its share capital without a full prospectus disclosure under Australian corporations law. The company states it is in compliance with its financial reporting and continuous disclosure obligations and confirms that there is no excluded or undisclosed information relevant to the new share issue, providing regulatory assurance to existing and prospective shareholders about the transparency of this equity-related transaction.
The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cauldron Energy stock, see the AU:CXU Stock Forecast page.
More about Cauldron Energy
Cauldron Energy Limited is an Australian-listed company (ASX: CXU) operating in the energy and resources sector, with its activities focused on exploration and development of energy-related mineral projects. The company is headquartered in Western Australia and targets investors on the Australian Securities Exchange seeking exposure to energy and resource opportunities.
YTD Price Performance: 81.82%
Average Trading Volume: 4,737,343
Technical Sentiment Signal: Hold
Current Market Cap: A$37.78M
See more insights into CXU stock on TipRanks’ Stock Analysis page.