IRON BEAR RESOURCES LTD — Capital/Financing Update 2024

Jul 16, 2024

Market Announcement

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17 July 2024

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Cyclone Metals Limited (ASX: CLE) – Trading Halt

Description

The securities of Cyclone Metals Limited (‘CLE’) will be placed in trading halt at the request of CLE, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 19 July 2024 or when the announcement is released to the market.

Issued by

ASX Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

17 July 2024 ASX Limited

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17 July 2024

ASX Compliance Pty Ltd Level 40 Central Park 152-158 St Georges Terrace Perth WA 6000

Via email (tradinghaltsperth@asx.com.au)

Request for Trading Halt

Pursuant to Listing Rule 17.1 Cyclone Metals Limited ( ASX: CLE ) ( Cyclone or the Company ) hereby requests a trading halt be granted by the Australian Securities Exchange ( ASX ) effective from 17 July 2024 in respect of its securities.

The trading halt is requested pending an announcement regarding a proposed capital raising.

Cyclone requests that the trading halt remain in place until the earlier of the commencement of normal trading on Friday 19 July 2024 or until the release of an announcement in respect of the above matter.

There is no other information necessary to inform the market about and the Company is not aware of any reason why the trading halt should not be granted.

Should you have any queries regarding the above request please do not hesitate to contact the undersigned.

Thank you for your assistance.

Yours faithfully

Tony Sage Executive Chairman Cyclone Metals Limited