• Awarded $217,750 in co-funding grants from WA Govt for geophysics and drilling
• Maiden JORC resource of 9.8 Mlbs at Manyingee North, upgraded resource of 14.9 Mlbs at Manyingee South
• Included in Sprott and BetaShares uranium ETFs, boosting global investor awareness

Cauldron Energy Ltd announced several positive developments during the quarter ended 31 March 2026. The company was awarded two co-funding grants totaling up to $217,750 under Round 33 of the Western Australian Government's Exploration Incentive Scheme. This includes a $78,500 grant for passive seismic surveys at the Yanrey Uranium Project and an $89,250 grant for first-pass exploration drilling at Ashburton East. Cauldron reported a maiden JORC Mineral Resource Estimate of 14.9Mt @ 297ppm eU3O8 for 9.8 Mlbs at the Manyingee North deposit, located 8km northeast of the Manyingee South deposit. The company also upgraded the Manyingee South resource to 21.2Mt @ 319ppm eU3O8 for 14.9 Mlbs. Cauldron's total resource across its Yanrey Project now stands at 55.6 Mlbs of uranium oxide. The company was also included in the Sprott Uranium Miners UCITS ETF (LSE: URNM) and the BetaShares Global Uranium ETF (ASX: URNM), representing an important milestone that is expected to enhance global investor awareness and access to Cauldron. The company continues to progress its exploration and development activities at Yanrey, with plans for further passive seismic surveying and drilling in 2026 to test additional high-priority targets within the prolific Yanrey Uranium Province.

Cauldron is well-funded to execute its 2026 exploration program at the Yanrey Uranium Project, which will focus on further passive seismic surveying and drilling to test additional high-priority targets within the Yanrey Uranium Province. The company's inclusion in major uranium-focused ETFs is expected to enhance global investor awareness and access to Cauldron.