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Catalyst Metals Announces New Share Issuance to Exempt Investors

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Catalyst Metals Announces New Share Issuance to Exempt Investors

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Catalyst Metals Limited ( (AU:CYL) ) has shared an update.

Catalyst Metals Limited has announced the issuance of 4,249,246 fully paid ordinary shares, as detailed in an Appendix 2A notice. This issuance was conducted without a disclosure document, targeting exempt investors under Section 708 of the Corporations Act. The company confirms compliance with relevant provisions of the Act and assures that no undisclosed ‘excluded information’ exists, indicating transparency and adherence to regulatory requirements.

The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.

More about Catalyst Metals Limited

Catalyst Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and production of metals, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 2,342,164

Technical Sentiment Signal: Buy

Current Market Cap: A$1.87B

Learn more about CYL stock on TipRanks’ Stock Analysis page.

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