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Cauldron Energy recovers further judgment debt

Cauldron is focused on uranium at the Yanrey and Marree projects.

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Cauldron has recovered more funds

Cauldron Energy (ASX:CXU) last year received judgment in its favour in respect of its claims against Guangzhou City Investment Management Co. Ltd.

Cauldron has now recovered another $169,492 of the outstanding balance (before receiver costs) from the sale of shares by the receiver.

In July 2016, Cauldron recovered $488,000 (net of costs) of the judgement debt.

The judgment debt due and payable to Cauldron was $1 million plus interest.

Quick facts: Cauldron Energy Ltd

Price: 0.016 AUD

ASX:CXU
Market: ASX
Market Cap: $5.27 m
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