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IRON BEAR RESOURCES LTD — Share Issue/Capital Change 2024
Nov 6, 2024
65091_rns_2024-11-06_fe693d9f-287e-4fad-a4c9-2a5db5dde3f8.pdf
Share Issue/Capital Change
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ASX Announcement
7 November 2024
Completion of Share Consolidation
Cyclone Metals Limited (ASX: CLE ) ( Cyclone or the Company ) is pleased to advise that the consolidation of issued capital on a basis that every 20 shares be consolidated into 1 Share and every 20 Options be consolidated into 1 Option as approved at the Company’s Annual General Meeting held on 31 October 2024 is now complete.
The Company’s post consolidation capital structure is as follows:
| Capital Structure Post Consolidation | Number |
|---|---|
| Fully paid ordinary shares | 694,875,517 |
| Unlisted options ($0.06 expiring 22 February 2025) | 1,500,000 |
| Unlisted Incentive Options Class A ($0.06 expiring 5 December 2024) | 26,000,000 |
| Unlisted Incentive Options Class B ($0.10 expiring 5 December 2025) | 13,000,000 |
| Unlisted Incentive Options Class C ($0.20 expiring 5 December 2026) | 10,500,000 |
| Unlisted options ($0.04 expiring 19 January 2027) | 5,000,000 |
| Unlisted options ($0.04 expiring 12 March 2026) | 3,000,000 |
| Unlisted options ($0.032 expiring 30 November 2028) | 118,569,826 |
New holding statements are being dispatched to security holders advising them of their securities held on a post consolidation basis.
Normal T+2 settlement trading of securities on a post consolidated basis will commence on 13 November 2024 (ASX: CLE).
Announcement authorised for release by the board of Cyclone.
ENDS
For further information please contact:
Investor Relations +61 (0) 8 9380 9555 [email protected]
Follow us @cyclonemetals cyclone-metals
32 Harrogate Street, West Leederville, WA 6007 ASX: CLE | cyclonemetals.com