Australia's Cauldron Energy jumps on new exploration funding

Cauldron Energy

27/04/2026 05:41

** Shares of Cauldron Energy CXU.AX rise 7.7% to A$0.056, their highest since April 17

**  Mineral explorer awarded grants of up to A$217,750 ($156,170.30) under round 33 of the Western Australian government's Exploration Incentive Scheme (EIS)

** Grants awarded for work programs to be undertaken at Yanrey Uranium Project, Western Australia, this calendar year - CXU

** CXU up 143.5% YTD

($1 = 1.3943 Australian dollars)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))