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Cyclone Metals Limited (ASX:CLE)

ALERT: Price-sensitive ASX Announcement for CLE
Current share price for CLE : $0.049 -0.001 (-2%)+
Announcement
Release
30 Jan 2026 4:08PM
Price at Release
$0.050
Full Release
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Summary
Cyclone Metals Limited reported its quarterly activities for the period ending 31 December 2025, detailing a range of financial and operational updates. The company recorded a cash balance of approximately $15.201 million, primarily due to selling its shares in European Lithium Ltd., generating about $14.3 million. The report highlights payments to related parties totaling $261,000, including director fees and occupancy costs. No expenditures related to the Iron Bear Iron Ore Project were included as the project is funded by Vale. Cyclone Metals holds a 20% interest in the Wee MacGregor project and a 100% interest in the Lady Ethleen tenement in Australia. The quarterly cash flow report, aligned with ASX Listing Rules Appendix 5B, provides insights into the company's financial health, including cash flows from operations, investing, and financing activities.
Key Points
  • Cash balance as of 31 December 2025 was $15.201 million.
  • Sold shares in European Lithium Ltd. generating $14.3 million.
  • Payments to related parties totaled $261,000.
  • Iron Bear Iron Ore Project funded by Vale not included in the expenditure.
  • Maintains a 20% interest in the Wee MacGregor project.
  • Holds a 100% interest in the Lady Ethleen tenement.
  • Quarterly cash flow aligned with ASX Listing Rules Appendix 5B.
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.