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Cauldron Energy Ltd

Cauldron Energy succeeds in Court of Appeal legal challenge from Forrest & Forrest Pty Ltd

Cauldron said it is pleased to have been successful in the litigation.

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Cauldron has provided a market update

Cauldron Energy Ltd (ASX:CXU) has provided an update to the market today, and refers to its announcements made on:

- 29 August 2016 that the Supreme Court of Western Australia dismissed the application for judicial review by Forrest & Forrest Pty Ltd (Forrest) of the decision of the Minister for Mines and Petroleum to progress the Company’s applications for E08/2385, E08/2386 and E08/2387 through the determination processes under the Mining Act 1978 and Native Title Act 1993; and

- 16 September 2016 that Forrest lodged an appeal against this decision in the Western Australian Supreme Court, Court of Appeal.

The Court of Appeal handed down its unanimous decision today in favour of the Company.

The Court of Appeal dismissed Forrest’s appeal and ordered Forrest to pay the Company’s legal costs of the appeal.

The Company is pleased to have been successful in this litigation.

Quick facts: Cauldron Energy Ltd

Price: $0.02

Market: ASX
Market Cap: $5.93 m
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