Cyclone Metals voluntary suspension announcement

Cyclone Metals Limited (ASX: $CLE) has requested a voluntary suspension of its ordinary shares from trading, effective from April 10, 2024. The suspension is sought pending the release of an announcement concerning an updated mineral resource statement.

Executive Chairman's Request for Voluntary Suspension

Cyclone Metals Limited's Executive Chairman, Tony Sage, has requested a voluntary suspension of the company's ordinary shares from trading. The suspension is sought in anticipation of an upcoming announcement regarding an updated mineral resource statement. The company aims to provide the market with accurate and timely information, and therefore has taken this step to ensure the release of the announcement is aligned with trading activities.

Summary of Voluntary Suspension and Future Announcement

Cyclone Metals Limited (ASX: $CLE) has voluntarily suspended its ordinary shares from trading, awaiting the release of an updated mineral resource statement. The company's Executive Chairman, Tony Sage, emphasized the importance of aligning the announcement with trading activities to ensure accurate and timely information for the market. The voluntary suspension is expected to be lifted upon the release of the awaited announcement, demonstrating the company's commitment to transparency and providing essential updates to its shareholders and the market.