Cauldron Energy Plans Major New Securities Issue

Cauldron Energy Limited (AU:CXU) has released an update.

Cauldron Energy Limited has announced a new securities issue to be launched on October 4, 2024, consisting of 111,111,111 ordinary fully paid shares and 27,777,778 options expiring on December 30, 2025. This initiative is aimed at raising capital through a placement or other undisclosed types of issues, underlining a strategic move to enhance the company’s financial structure.

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