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Cyclone Metals Ltd ( (AU:CLE) ) just unveiled an announcement.
Cyclone Metals Limited has announced the issuance of 1,000,000 fully paid ordinary shares following the exercise of performance rights and an additional 1,138,958 shares for the conversion of debt owed to a creditor. This move reflects the company’s efforts to manage its financial obligations and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.
More about Cyclone Metals Ltd
Cyclone Metals Limited is a company operating in the metals industry, focusing on the issuance and management of securities.
YTD Price Performance: 7.14%
Average Trading Volume: 2,551,163
Technical Sentiment Signal: Sell
Current Market Cap: A$66.09M
For an in-depth examination of CLE stock, go to TipRanks’ Overview page.