Response to ASX Query- Listing Rule 15.7

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Stock Cauldron Energy Ltd (CXU.ASX)
Release Time 28 Nov 2025, 12:54 p.m.
Price Sensitive Yes
 CXU Responds to ASX Query on Listing Rule 15.7
Key Points
  • CEO posted video on social media during trading halt
  • Video contained comments on upcoming exploration results
  • Company acknowledges video breached Listing Rule 15.7
  • Implementing additional steps to ensure future compliance
Full Summary

Cauldron Energy Ltd (CXU) received a letter from ASX Compliance regarding a video posted by the company's CEO, Jonathan Fisher, on the X media platform during a trading halt on 20 November 2025. In the video, the CEO made comments about upcoming exploration results for the Manyingee South Uranium Project, stating 'I do look forward to releasing those results tomorrow because there'll be more uranium there, the mineralisation will extend and expand and it's a good story'. CXU confirmed that the CEO was responsible for posting the video, which was done under his authority from the Board to undertake marketing activities on behalf of the company. However, CXU acknowledged that the video did not comply with Listing Rule 15.7, as it contained commentary on exploration results that had not yet been released to the market. The company stated that the CEO had mistakenly believed that since the company was already in a trading halt, an update to shareholders was appropriate. CXU outlined the steps it will take to ensure future compliance, including providing all directors and the CEO with a copy of the ASX Listing Rules and the company's Continuous Disclosure Policy, and directing the CEO to seek approval from the Company Secretary before releasing any information on social media or other platforms where Listing Rule 15.7 may apply. The responses provided by CXU were authorized and approved by an officer of the company with delegated authority to respond to ASX on disclosure matters.