Cygnus Metals Ltd. 596/2014 2018, 2019 . Transaction highlights Central Asia Metals PLC to acquire Cygnus Metals Limited via Australian scheme of arrangement, offering 0.06 New CAML Shares per Cygnus share, implying an equity value of Cygnus of ~A$232 million1 Transaction adds the Chibougamau Project in Québec, Canada (the 'Ch...
Cygnus Metals is pleased to announce final infill drilling results from the Golden Eye deposit and the start of exploration drilling at the Gwillim gold prospect, both within its Chibougamau Copper-Gold Project. The Golden Eye results and the Gwillim drilling program are part of Cygnus’ dual track strategy to upgrade inferred resources and drive overall resource growth at Chibougamau. Recent drill results from Golden Eye [...]
Cygnus Metals is pleased to advise, pursuant to ASX Listing Rule 3.13.2, that all resolutions put to shareholders at today's Annual General Meeting were passed on a poll. In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, the results of the resolutions, together with the proxies received in respect of each resolution, are set out in the attached schedule. For and on behalf of the [...]
Infill drilling at Golden Eye has returned high-grade gold intervals of up to 105.5g/t AuEq over 1.0m, alongside copper grades of up to 11.9% Cu over 0.8m Results reported today reconcile well against the block model and confirm continuity of gold mineralisation; These include: 5.9m at 28.8g/t AuEq Including 1.0m at 105.5g/t AuEq 7.7m at 4.0g/t AuEq 11.5m at 4.3g/t AuEq Including 0.8m at 31.2g/t AuEq 6.7m at 5.9g/t AuEq [...]
Further to its ASX announcement on 13 March 2026, Cygnus Metals has issued a total of 156,250,000 fully paid ordinary shares at an issue price of A$0.16 each under the Placement, raising A$25 million before costs. The Shares were issued pursuant to ASX Listing Rules 7.1 and 7.1A. Cygnus issued the Shares without disclosure under section 708A of the Corporations Act 2001. With reference to those Shares issued, in [...]
Cygnus has received firm commitments totalling A$25 million via a share Placement to institutional and sophisticated investors The Placement was priced at A$0.16 per share, representing a 5.9% discount to the last sale price of A$0.17 per share; this reflects the strong demand from existing shareholders Strategic investor Ocean Partners, the Company's second-largest shareholder prior to this raising, strongly supported [...]
Cygnus Metals advises, in accordance with ASX Listing Rule 3.13.1, that the Annual General Meeting of the Company will be held in West Perth on Friday, 1 May 2026. Further details in respect of the Meeting will be provided in the Notice of Meeting to be dispatched to shareholders prior to the Meeting. An item of business at the Meeting will be the election and re-election of certain directors. In accordance with rule 6.1 [...]
Chibougamau Copper-Gold Project, Canada HIGHLIGHTS: Cygnus sets up value drivers for 2026 with exploration and resource growth a high priority At Cedar Bay, Downhole Electromagnetics is in progress to identify follow-up targets from recent intersections1 such as: 28.9m at 2.5g/t AuEq 10.6m at 4.1g/t AuEq This is the first time DHEM is being used at Cedar Bay in over 20 years Drilling has started at Golden Eye to test [...]
Cygnus Metals has identified two gold prospects with known mineralisation and plans a drilling campaign for Q2 as part of its push to continue growth of the Chibougamau Project resource base The Gwillim prospect, has returned several high-grade intersections which require follow up drilling. These intersections include: 7.6m @ 38.1g/t Au from 314.9m; 15.2m @ 9.4g/t Au from 155.1m; and 16.4m @ 8.3g/t Au from 168.3m . The [...]
Cygnus Metals advises that 238,372 fully paid ordinary shares were issued today upon the exercise of: 45,742 unquoted options exercisable at C$0.1093 each on or before 12 May 2028; 182,970 unquoted options exercisable at C$0.0547 each on or before 19 April 2029; and 9,660 unquoted options exercisable at C$0.0574 each on or before 26 September 2026. The Company received total proceeds of C$16,987.48, being the total price [...]
Cygnus Metals Ltd. advises that following management changes announced on 26 October 2025, it has today issued an aggregate of 3,000,000 additional performance rights to President/Chief Executive Officer, Mr Nicholas Kwong under the Company's Omnibus Equity Incentive Plan . The Company also advises that, effective today, following Mr Ernest Mast's transition from Managing Director to Non-Executive Director on 12 December [...]
Cygnus Metals Ltd. advises that it issued an aggregate of 202,500 performance rights to employees on 27 November 2025 under the Company's Omnibus Equity Incentive Plan . Shareholders approved the Plan and the issue of Performance Rights to directors at the Company's annual general meeting held on May 14, 2025. The Performance Rights to employees were issued on the same terms and conditions as the director Performance [...]