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Cyclone Metals Ltd ( (AU:CLE) ) has issued an update.
Cyclone Metals Limited has reported the outcomes of its 27 January 2026 general meeting, where all resolutions were determined by poll. Shareholders voted against a resolution to remove director Paul Berend, while approving the election of director Caue Pauli de Araujo and the issuance of performance rights to directors Luke Martino and David Sanders, along with a change of company name. The strong shareholder backing for the board’s proposals, including retention of Berend and endorsement of board incentives and rebranding, signals continued support for the existing leadership and strategic direction of the company, with potential implications for its governance stability and market positioning.
The most recent analyst rating on (AU:CLE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Cyclone Metals Ltd stock, see the AU:CLE Stock Forecast page.
More about Cyclone Metals Ltd
Cyclone Metals Limited (ASX:CLE) is an Australian-listed resources company based in West Perth, Western Australia, operating in the mining and metals sector with a focus on exploration and development of mineral assets.
Average Trading Volume: 2,647,715
Technical Sentiment Signal: Sell
Current Market Cap: A$56.4M
For detailed information about CLE stock, go to TipRanks’ Stock Analysis page.