Australia's Cauldron Energy dips on discounted capital raise
** Shares of Cauldron Energy CXU.AX fall as much as 16% to A$0.021, set for their worst session since Aug 5, if current trend holds
** The uranium explorer receives commitments to raise A$2 mln ($1.37 mln) via placement and ~A$2 mln via fully underwritten non-renounceable entitlement offer
** Placement and entitlement offer issue price at A$0.018, a 28% discount to last trading price on Sept 24
** Co says funds will be used to develop its Yanrey project in Western Australia
** Including day's moves, CXU down 12.5% YTD
($1 = 1.4552 Australian dollars)
Reporting by Nikita Maria Jino in Bengaluru
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