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Cyclone Metals Limited (ASX:CLE)

ALERT: Price-sensitive ASX Announcement for CLE
Current share price for CLE : $0.049 -0.016 (-24.62%)+
Announcement
Release
24 Jul 2025 8:13AM
Price at Release
$0.065
Full Release
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Summary
Cyclone Metals Limited (ASX: CLE) released its Quarterly Activities Report and Appendix 5B for the quarter ending 30 June 2023. During the quarter, CLE focused on progressing its flagship Block 103 Iron Ore Project in Canada, including finalization and submission of the updated technical report and commencement of the Environmental Impact Study process. The company also continued to review and advance its Western Australian projects and evaluate new project opportunities. Financially, CLE reported closing the quarter with a cash balance, outlined expenditure details, and confirmed that payments were made to related parties as per listing rules. The Appendix 5B cash flow report provides an overview of operating, investing, and financing cash flows for the quarter.
Key Points
  • Update and progress on Block 103 Iron Ore Project in Canada including technical report and environmental studies
  • Continued review and advancement of Western Australian project portfolio
  • Evaluation of new project opportunities during the quarter
  • Quarterly cash and financial position disclosed, including detailed cash flow in Appendix 5B
  • Payments made to directors and related parties outlined in accordance with regulatory requirements
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.