Cyclone Metals Ltd (AU:CLE) has released an update.
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Cyclone Metals Limited has announced its intention to issue 1,875,000 new ordinary fully paid securities through a placement or similar type of issue, with a proposed issue date of November 29, 2024. This move, aimed at growing the company’s capital, is disclosed in their recent ASX filing and is pending approval from the exchange.
For further insights into AU:CLE stock, check out TipRanks’ Stock Analysis page.