Cauldron Energy Ltd (ASX:CXU)'s Simond Youds touches on a $750,000 capital raise that will advance exploration across the company's gold, uranium and sands portfolio in Australia. Placement participants bought in at $0.017 per share, securing a free-attaching option for every three shares they subscribed for. The funding will keep the drill bit spinning at the explorer's Blackwood Gold Project in Victoria and will also provide working capital for the company’s uranium and sand interests.
Cauldron Energy secures $750,000 for next stage of gold, uranium and sand exploration
