IRON BEAR RESOURCES LTD — Capital/Financing Update 2024

Nov 17, 2024

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ASX Announcement

18 November 2024

Cleansing Statement

Cyclone Metals Limited ( Company ) confirms that a non-renounceable entitlement issue ( Entitlement Issue ) is being made without a disclosure document under section 708AA of the Corporations Act 2001 (Cth) ( Act ).

In accordance with s708AA(2)(f) of the Act as modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2016/84, the Company gives notice that:

1. The Company will offer the new ordinary shares ( New Shares ) for issue to investors without disclosure under Part 6D.2 of the Act.

2. The Company is giving this notice under s708AA(2)(f) of the Act.

3. As at the date of this notice, the Company has complied with:

   • (a) the provisions of Chapter 2M as they apply to the Company; and

   • (b) section 674 and 674(A) of the Act.

4. As at the date of this notice, there is no information:

   • (a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

   • (b) that investors or their professional advisers would reasonably require for the purpose of making an informed assessment of:

     • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the body; or

     • (ii) the rights and liabilities attaching to the relevant securities,

which it is reasonable for investors and their professional advisers to expect to find in a disclosure document.

1. The Entitlement Issue will have no potential effect on the control of the Company.

ENDS

For further information please contact:

Investor Relations Follow us +61 (0) 8 9380 9555 @cyclonemetals ir@cyclonemetals.com cyclone-metals

32 Harrogate Street, West Leederville, WA 6007 ASX: CLE | cyclonemetals.com