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Cyclone Metals Announces Director’s Interest Change

Story Highlights
  • Cyclone Metals Ltd announced a change in director’s interest for Paul Berend.
  • The change includes acquiring 2,000,000 performance rights and shares, impacting governance.
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Cyclone Metals Announces Director’s Interest Change

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An announcement from Cyclone Metals Ltd ( (AU:CLE) ) is now available.

Cyclone Metals Ltd has announced a change in the director’s interest notice involving Paul Berend. The change includes the acquisition of 2,000,000 performance rights and 2,000,000 fully paid ordinary shares, with a deemed issue price of $0.058 per share. This adjustment in holdings was approved by shareholders during a general meeting on June 5, 2025, and reflects an exercise of performance rights. The update indicates a strategic move in the company’s governance, potentially impacting its market positioning and shareholder value.

More about Cyclone Metals Ltd

YTD Price Performance: 3.57%

Average Trading Volume: 2,262,697

Technical Sentiment Signal: Sell

Current Market Cap: A$63.43M

See more insights into CLE stock on TipRanks’ Stock Analysis page.

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