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Cyclone Metals Issues 1 Million New Shares

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Cyclone Metals Issues 1 Million New Shares

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

Cyclone Metals Ltd has announced the issuance of 1,000,000 fully paid ordinary shares following the exercise of performance rights. This move is part of the company’s ongoing compliance with the Corporations Act 2001, with the shares being issued without disclosure under Part 6D.2 of the Act. The announcement signifies Cyclone Metals’ commitment to maintaining regulatory standards and transparency, potentially impacting investor confidence and market positioning.

More about Cyclone Metals Ltd

Cyclone Metals Ltd is a company operating in the metals industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker ASX: CLE.

YTD Price Performance: 5.36%

Average Trading Volume: 2,537,143

Technical Sentiment Signal: Sell

Current Market Cap: A$65.11M

See more data about CLE stock on TipRanks’ Stock Analysis page.

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