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Cyclone Metals Ltd Announces Director’s Interest Change and Distribution to Iron Bear Unit Trust

Story Highlights
  • Cyclone Metals operates in the mining industry, focusing on mineral exploration.
  • The company announced a director’s interest change and a distribution to Iron Bear Unit Trust.
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Cyclone Metals Ltd Announces Director’s Interest Change and Distribution to Iron Bear Unit Trust

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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, specifically related to Timothy Turner. The company has resolved to distribute a success fee to the Iron Bear Unit Trust, in which Turner holds units, following shareholder approval. This move reflects Cyclone Metals’ ongoing strategic management of its financial and operational interests, potentially impacting its financial structure and stakeholder relations.

More about Cyclone Metals Ltd

Cyclone Metals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the acquisition and management of mineral projects, with a market focus on metals such as iron ore and other valuable minerals.

YTD Price Performance: -5.36%

Average Trading Volume: 2,100,959

Technical Sentiment Signal: Sell

Current Market Cap: A$57.97M

Find detailed analytics on CLE stock on TipRanks’ Stock Analysis page.

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