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Cauldron Energy Ltd

Cauldron Energy appoints Simon Youds as chairman

Youds was previously the company's manager of operations from June 2012 until February 2016.

three empty board seats
The company is focused on energy metals such as uranium and battery metals

Cauldron Energy Ltd (ASX:CXU) has appointed Simon Youds as non-executive director and chairman to its board.

Importantly, Youds has a proven track record in developing and managing African mining projects, increasing the board's technical expertise.

He previously served as Cauldron’s manager of operations from June 2012 until February 2016.

Youds is a professional mining engineer with experience in exploration, project development, and operational experience in Africa, Asia and Australia. 

READ: Cauldron Energy focused on ‘developing a clear path forward’ in energy metals

Cauldron's executive director and CEO Jess Oram said: “I am delighted to welcome Simon to the board of Cauldron, as his appointment is an important step in establishing the new direction of the company.

"As announced 6 February 2019, the board conveyed our commitment to steadily evolving the corporate strategy of CXU.

"Now the first step of the evolution of our operations is achieved, we embark on its implementation, with the aim to improve the value of the company.”

Quick facts: Cauldron Energy Ltd

Price: $0.02

Market: ASX
Market Cap: $5.93 m
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