Cauldron Energy (ASX:CXU) said the conversion of 247.6 million options by 232 option holders was completed in December 2025, with AU$3.7 million being received, according to a Tuesday Australian bourse filing.
The ASX-listed CXUO options expired on Dec. 30, 2025. 15.9 million options remained unexercised after that date, representing 5.07% of the options that had been originally issued.
Its shares jumped 4% in recent trading on Tuesday.
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