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Caeneus Minerals Limited ( (AU:MTL) ) just unveiled an update.
Mantle Minerals Limited, an Australian company listed on the ASX under the ticker ‘MTL’, has announced a proposed capital return to its shareholders, subject to approval at the upcoming annual general meeting. The capital return is set at $0.001 per share, with the total distribution potentially reaching approximately $7.2 million, depending on the number of shares issued by the record date. The company is also seeking a class ruling from the Australian Taxation Office to clarify the tax implications for shareholders. The final details and timetable for the capital return will be outlined in the Notice of AGM, expected to be dispatched on 22 September 2025.
More about Caeneus Minerals Limited
Current Market Cap: A$6.45M
See more insights into MTL stock on TipRanks’ Stock Analysis page.