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Cyclone Metals Director Increases Stake with Share Acquisition

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Cyclone Metals Director Increases Stake with Share Acquisition

Cyclone Metals Ltd ( (AU:CLE) ) has shared an update.

Cyclone Metals Ltd has announced a change in the director’s interest, with Paul Berend acquiring an additional 100,000 fully paid ordinary shares at $0.042 per share through an on-market purchase. This change reflects Berend’s increased stake in the company, potentially indicating confidence in Cyclone Metals’ future prospects and aligning his interests with those of the shareholders.

More about Cyclone Metals Ltd

Cyclone Metals Ltd operates in the metals and mining industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and development of projects with a primary focus on metals such as iron ore, copper, and gold.

YTD Price Performance: -33.33%

Average Trading Volume: 17,838

Technical Sentiment Signal: Strong Buy

Current Market Cap: €25.48M

For detailed information about CLE stock, go to TipRanks’ Stock Analysis page.

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