Brief: Cyclone Metals To Divest Non-Core Gold Assets

Iron Bear Resources

14/07/2023 02:12

July 14 (Reuters) - Cyclone Metals Ltd  CLE.AX :
    * CYCLONE METALS TO DIVEST NON-CORE GOLD ASSETS
    * SALE OF 100% INTEREST IN TENEMENTS THAT COMPRISE NICKOL
RIVER
PROJECT
    * SALE FOCUSED ON DEVELOPMENT OF BLOCK 103 MAGNETITE IRON
ORE
PROJECT
    * IN AGGREGATE, SALE WILL PROVIDE CLE WITH A$4M OF LIQUID
ASSETS
    * SALE OF TENEMENTS LONGWOOD RANGE GOLD COPPER PGE ,
MAREBURN GOLD
, MACRAES SOUTH GOLD, DRYBREAD - WAIKERIKERI GOLD , MUIRS GOLD

Source text for Eikon:  ID:nASX70pZSk 
Further company coverage:  CLE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))