Cyclone Metals Ltd (AU:CLE) has released an update.
Cyclone Metals Limited has announced a new proposed issue of securities, including over 1.1 billion unlisted options priced at $0.0016 each, expiring in November 2028, and over 2.3 billion ordinary shares. The proposed issue date is set for the 29th of July, 2024. This significant expansion of available securities could attract investors interested in the company’s growth potential.
For further insights into AU:CLE stock, check out TipRanks’ Stock Analysis page.