Cyclone Metals Ltd (AU:CLE) has released an update.
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Cyclone Metals Ltd has reported a change in the shareholding of its director, David Sanders, who participated in a rights issue to acquire an additional 312,500 fully paid ordinary shares at $0.016 per share. This acquisition increases Sanders’ total holding to 937,500 shares, reflecting a strategic move in the company’s stock positioning.
For further insights into AU:CLE stock, check out TipRanks’ Stock Analysis page.