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Cyclone Metals Ltd ( (AU:CLE) ) has issued an announcement.
Cyclone Metals Ltd has announced a proposed issue of 8,635,046 ordinary fully paid securities, with the issuance date set for June 12, 2025. This move is part of a placement or other type of issue, which may impact the company’s market position by potentially increasing its capital base and enhancing its operational capabilities.
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 involved in the extraction and processing of various metals, contributing to the supply chain of raw materials for industrial use.
YTD Price Performance: 1.79%
Average Trading Volume: 2,319,492
Technical Sentiment Signal: Sell
Current Market Cap: A$61.59M
Find detailed analytics on CLE stock on TipRanks’ Stock Analysis page.