CXU cauldron energy limited

Ann: Commitments Received for $1.60 million Placement, page-20

  1. 8,224 Posts.
    lightbulb Created with Sketch. 1513
    Gday Clarky!
    CXU has just raised $1.6 million.
    Funds will be used to implement and fast-track well planned and systematic exploration of the project which is home to 15 historical production shafts and in excess of 250 underground workings, but which has seen very little in the way of modern exploration in the past 40 years.
    The work will commence once all approvals from the Victorian mines department is finalised and discussions with the community is completed.
    I'll ring them tomorrow and enquire about the progress and possible timeline mate!
 
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