The rights issue is available to all eligible shareholders. I do not the eligibility criteria apart that I am a shareholder residing in Australia and therefore eligible.
Timetable as follows as per previous announcement 5 Sept.
Cyclone Metals Ltd 1/1ASX: CLEASX Announcement5 September 2024Consolidation and Rights Issue TimetableFurther to the announcement released by Cyclone Metals Ltd (CLE or the Company) on 19 July 2024, theCompany provides the following update in respect to the board changes and timetable for the proposed shareconsolidation of twenty (20) existing shares for one (1) new shares (subject to shareholder approval), and theproposed pro-rata non-renounceable entitlement offer to eligible shareholders to raise up to $5,395,186(before expenses) (Rights Offer).The Company advises that Mr Tony Sage will transition to the role of Non-Executive Chairman effectiveimmediately following the Annual General Meeting (AGM) of shareholders which is currently scheduled to beheld on 31 October 2024.Outlined below is a timetable of relevant events and dates relating to the share consolidation and Rights Offer.These events and dates are indicative only and subject to change.Share ConsolidationDispatch of Notice of General Meeting of the Company 1-Oct-24Annual General Meeting to vote on Share Consolidation 31-Oct-24Rights OfferAnnouncement of the Rights Issue with ASX 13-Nov-24Lodgement of Offer Document ASIC and ASX 13-Nov-24Ex-date 18-Nov-24Record Date for determining entitlements 19-Nov-24Offer Document and entitlement and acceptance form dispatched to eligibleshareholders 22-Nov-24Opening date of the Rights Issue 22-Nov-24Last day to extend closing date of the Right Issue 28-Nov-24Closing Date of the Rights Offer 3-Dec-24Shares Quoted (Deferred Settlement Basis) 4-Dec-24Issue Date of new securities issued under the Rights Offer 6-Dec-24New securities issued under the Rights Offer expected to commence normal trading onASX 9-Dec-24This announcement has been approved by the Company’s board of directors.
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CLE
cyclone metals limited
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $56.87M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.1¢ | $51.74K | 999.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 135580 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 135580 | 0.052 |
4 | 437132 | 0.051 |
3 | 320000 | 0.050 |
2 | 237028 | 0.049 |
1 | 50000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 200000 | 1 |
0.054 | 858749 | 3 |
0.055 | 104168 | 2 |
0.056 | 130000 | 2 |
0.057 | 113157 | 2 |
Last trade - 15.50pm 27/06/2025 (20 minute delay) ? |
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