Catalyst Metals LimitedASX: CYL

Catalyst secures gold price protection regime

· Issued by Catalyst Metals Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Catalyst Metals Limited has announced the establishment of a gold price protection regime through forward contracts for a specified amount of gold at a fixed price. These contracts cover a portion of the company's reserves and production, providing flexibility in response to market volatility. The strategy aims to enhance operational stability amid fluctuating gold prices, allowing for early deliveries if prices decline. This announcement has been approved by the Board of Directors of Catalyst Metals Limited.

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