The shares of Oliver’s Real Food (ASX: OLI) advanced and even came close to 12-month highs since OLI chairman and founder Jason Gunn defended the firm’s strategy in October, urging shareholders to not vote in favor of two new director nominees Dr. Michael Green and Kimley Green. As per media sources, the nominations were done by units linked with Gelba Pty Ltd, holding 18% of OLI shares, represented by Dr. Michael Green’s brother Martin-Green in association with the convenience food group.
* Blackwood Gold Project to move in top gear; Cauldron successfully closed A$1.6 million in placements. On 28 October 2020, Cauldron Energy Limited (ASX: CXU) announced a A$1.6 million capital raise plan via placements through issuing 51,612,903 ordinary shares at an issue price of A$0.031 per share. Today, the company announced to the exchanges that it successfully closed the placement.
* Cauldron Energy (ASX: CXU) gathers steam on potential high-grade gold target in Blackwood The FPO holders received one free attaching unlisted options and were allocated on the basis of 1 option for every 2 newly issued shares at an exercise price of A$0.05. The participants can exercise their options on or before 30 November 2023. Cauldron will use the funds to intensify the exploration work at its Blackwood Gold Project in Victoria. Cauldron Energy was trading at A$0.045, with a market cap of A$18.87 million as of 09 November 2020.