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An update from Cyclone Metals Ltd ( (AU:CLE) ) is now available.
Cyclone Metals Ltd announced a change in the director’s interest, specifically involving Luke Martino, who holds indirect interests through LJM Capital Corporation Pty Ltd and LJM Enterprises (WA) Pty Ltd. The company has entered into an agreement with the Iron Bear Unit Trust, resulting in a non-cash distribution of shares valued at $0.043 per share. This change reflects the company’s strategic financial arrangements and could impact its stakeholders by aligning director interests with company performance.
More about Cyclone Metals Ltd
Cyclone Metals Ltd is a company involved in the mining and metals industry, focusing on the exploration and development of mineral resources. The company operates primarily in the metals sector, with a market focus on the extraction and production of valuable minerals.
YTD Price Performance: -5.36%
Average Trading Volume: 2,100,959
Technical Sentiment Signal: Sell
Current Market Cap: A$57.97M
See more insights into CLE stock on TipRanks’ Stock Analysis page.