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Cyclone Metals Announces Director’s Interest Change

Story Highlights
  • Cyclone Metals Ltd announced a change in director’s interest involving Timothy Turner.
  • The company distributed shares as part of a success fee arrangement with the Iron Bear Unit Trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cyclone Metals Announces Director’s Interest Change

Elevate Your Investing Strategy:

The latest update is out from Cyclone Metals Ltd ( (AU:CLE) ).

Cyclone Metals Ltd has announced a change in the director’s interest notice involving Timothy Turner. The company executed a distribution of 382,144 fully paid ordinary shares to Turner through indirect interests, as part of a success fee arrangement with the Iron Bear Unit Trust. This transaction reflects the company’s ongoing financial strategies and shareholder-approved agreements, potentially impacting its governance and stakeholder relations.

More about Cyclone Metals Ltd

YTD Price Performance: 12.50%

Average Trading Volume: 2,045,942

Technical Sentiment Signal: Sell

Current Market Cap: A$63.89M

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

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