About
Cauldron Energy Ltd (ASX:CXU) is a mineral exploration and resource development company, focused on minerals supporting the clean energy transition. The Company will build a new portfolio of assets in the sector through a combination of M&A and exploration activity, in addition to generating value for shareholders from its legacy asset portfolio.
The Company’s current projects include Yanrey Uranium Project in northern Western Australia, which encompasses the Bennet Well Uranium Deposit, the recently acquired Melrose Project in the West Yilgarn region of WA, and three sustainable Silica (River Sand) Projects in Western Australia, comprising the Carnarvon Sand Project, the Ashburton Sand Project and the Fitzroy Sand Project.
In late 2022, following a recapitalisation and securing a new senior management team, the Company embraced a refreshed strategy that recognises the inevitable journey towards a low carbon economy, which is creating significant opportunities in the supply of minerals that are critical to those new industries.
The potential growth of Cauldron is based on careful planning and development activities of high-quality exploration projects, sourcing of high quality deal flow from an extensive network of advisers and investors, coupled with responsible decision making by Board and Management to provide value enhancement for shareholders.
Board & Management
Ian Mulholland
Chairman
Mr Mulholland has had a long and distinguished career holding senior technical and executive roles for over 30 years.
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Most notably, Mr Mulholland was Chief Geologist of Summit Resources during which time Summit completed a resource upgrade on the Valhalla uranium deposit and acquired a portfolio of uranium projects; ultimately being taken over by ASX-listed Paladin Resources for ~$44 million.
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Subsequently, Mr Mulholland was Exploration Manager at Anaconda Nickel during the period that Anaconda grew its lateritic nickel ore resource from 300 million tonnes to over 1.3 billion tonnes; and Technical Director of Conquest Mining during the period in which Conquest acquired the Carlton silver-gold project with Conquest subsequently merging with Evolution Mining for a ~$320 million valuation.
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Most recently, Mr Mulholland was founding Managing Director of ASX-listed Rox Resources for 15 years. Since retiring from Rox Resources in April 2019, Mr Mulholland has operated a highly successful geological and mining personal consultancy.
Rox Resources was awarded Australian Mining Prospect Awards Explorer of the Year in 2015 for its Fisher East Nickel Sulphide Project discovery and Ian was joint winner of AMEC’s 2016 Prospector Award for the Teena Zn-Pb discovery.
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Mr Mulholland holds a Bachelor of Science with Honours from the University of Sydney, a Master of Science from James Cook University, a Diploma of Science Education with Honours from Edith Cowan University and has completed numerous professional development courses. He also holds or has held numerous professional memberships including being a Fellow of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists, and Society of Economic Geologists and a Member of the Australian Institute of Company Directors.
Jonathan Fisher
CEO
Mr Fisher holds degrees in Law, Finance and Commerce (University of Western Australia and Macquarie University), and has 20 years’ experience in the resources and corporate industries.
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Most recently, Mr Fisher was Chief Financial Officer at TNG Ltd and led their project financing and government liaison teams. He was responsible for delivery of $800M in conditional financing support for TNG’s Mt Peake project in the NT.
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Prior to that Jonathan was Chief Financial Officer for five years for Tellus Holdings Ltd, a hazardous and radioactive waste management company with customers ranging from mining, oil & gas, utility and heavy industry sectors. This included securing $160M pre-development and then development financing for the Sandy Ridge facility in Western Australia, and liaison with a number of different West Australian state and Federal government departments to deliver the holistic financial assurance and insurance framework for the project.
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In the iron ore sector, Mr Fisher was General Manager Corporate Finance for Atlas Iron for circa 4 years during the period 2012 to 2015 where he was responsible for all corporate treasury operations, debt capital for project development, and various other commercial responsibilities.
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Other roles have included corporate advisory at Price Waterhouse Coopers, Rothschild (London based), and Poynton and Partners. Of particular relevance, Jonathan was a member of the Natural Resources, Utilities and Infrastructure team at Rothschild where he was involved in corporate advisory roles in the nuclear energy sector across Europe.
Mr Fisher is a Graduate of the Australian Institute of Company Directors (GAICD) and a fellow of Finsia.
Michael Fry
Executive Director, CFO and Company Secretary
Mr Michael Fry is a highly experienced finance executive who has acted in the capacities of director, chief financial officer and company secretary of ASX listed companies for over twenty years. Michael joined Cauldron on 15 April 2019. Mr Fry spent the first ten years working in chartered accounting with KPMG (Perth) and Deloitte (Melbourne).
After leaving chartered accounting, Michael worked in corporate advisory with Troika Securities Ltd (Perth) prior to moving to Swick Mining Services Limited, an ASX listed drilling services provider contracting to the mining industry in Australia and North America. Michael also holds positions with Lindian Resources Limited (ASX: LIN) and VDM Group Limited (ASX: VMG).
Qiu Derong
Non-Exec Director
Mr Qiu is a highly experienced industrialist with more than 26 years’ experience in the architecture, construction and real estate industries in China as well as over 18 years of experience in the management of enterprises and projects throughout the country.
Mr Qiu has a MBA obtained from the Oxford Commercial College, a joint program operated by Oxford University in China.
Corporate Governance
Appendix 4G and Corporate Governance Statement 2023
Code of Conduct
Securities Trading
Continuous Disclosure
Shareholder Communications
Director Selection and Appointment
Performance Evaluation
Risk Management
Diversity
​Whistleblower Policy