Cygnus Metals Ltd.

Cygnus Metals Ltd. is pleased to announce that Chief Operating Officer "COO") Nick Kwong will be promoted to President/Chief Executive Officer of the Company following the transition of Ernest Mast from Managing Director to Non-Executive Director on 12 December 2025. Mr Kwong is a globally experienced Mining Engineer who has led operations, feasibility studies and mine building activities over the past 20 years. He has [...]

HIGHLIGHTS: Global Measured & Indicated Mineral Resource estimate of 6.4 Mt at 3.0% CuEq for 193kt CuEq and Inferred Mineral Resource of 8.5 Mt at 3.5% CuEq for 295 kt CuEqin accordance with JORC 2012 and CIM Definition Standards Total contained metal is exclusively Copper, Gold and Silver: M&I: 149kt Cu, 167 koz Au & 1.6 Moz Ag Inferred: 182 kt Cu, 454 koz Au & 2.2 Moz Ag This update includes an initial Mineral Resource [...]

Further to its ASX announcement on 20 June 2025 and following shareholder approval received at the general meeting on 20 August 2025, Cygnus Metals Ltd. advises that it has issued a total of 1,162,790 fully paid ordinary shares to a nominee of Non-Executive Director Raymond Shorrocks at A$0.086 each to raise A$100,000 . Cygnus issued the Shares without disclosure under section 708A of the Corporations Act 2001 . With [...]

HIGHLIGHTS: Cygnus has identified numerous drilling targets near the historic high-grade Cedar Bay mine, which produced 400Koz Au and 61Kt Cu at an average of 4% CuEq,2 within the Chibougamau Project Targets identified through ongoing review of historical data and drill logs using Cygnus' innovative custom-built AI solution This highly successful approach has already delivered significant gold and copper results at Golden [...]

Cygnus Metals Ltd. advises that it has issued an aggregate of 67,050,000 performance rights to directors, and key employees and consultants, 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 key personnel were issued on the same terms and conditions as [...]

Further to the ASX announcement on 20 June 2025, Cygnus Metals Ltd. advises that it has issued a total of 211,627,907 fully paid ordinary shares at A$0.086 each under Tranche 1 of the Placement, raising a total of A$18,200,000 . The Shares were issued under the Company's existing capacity under ASX Listing Rules 7.1 and 7.1A . A further 1,162,790 Shares are intended to be issued under Tranche 2 of the Placement to [...]

Highlights Cygnus has received firm commitments totalling A$18.3m via a share placement to institutional and sophisticated investors The Placement was priced at A$0.086 per share, being an 8.5% discount to the last sale price of A$0.094 The Placement was extremely well-supported with strong demand from existing and new investors, particularly North American investors, resulting in applications being scaled back The [...]

Results such as 4.4% CuEq over 9.1m at the Project's flagship Corner Bay deposit; These follow the recent high-grade results at the nearby Golden Eye prospect HIGHLIGHTS: Latest infill results from Corner Bay demonstrate continuous high-grade mineralisation: 9.1m @ 4.4% CuEq Including 3.4m @ 7.6% CuEq 5.8m @ 5.3% CuEq 2.8m @ 5.0% CuEq 2.8m @ 4.1% CuEq These results highlight the strong potential to grow the Indicated [...]

Results such as 12.7g/t AuEq over 3.3m confirm multiple parallel zones and show Golden Eye is emerging as a significant new plank of the production hub strategy HIGHLIGHTS: Latest results from Golden Eye confirm multiple parallel zones with significant mineralisation; Results include: 4.3m @ 9.8g/t AuEq 3.3m @ 12.7g/t AuEq Including 1.9m @ 21.1g/t AuEq 2.5m @ 7.3g/t AuEq 3.3m @ 3.8g/t AuEq Cygnus intends to use the new [...]

Chibougamau Copper-Gold Project, Canada HIGHLIGHTS: Gold intersected in two zones within one hole; results include: 7.4m @ 5.7g/t AuEq from 405.6m, including 3.1m @ 9.6g/t AuEq 2.9m @ 10.2g/t AuEq from 463.8m, including 0.4m @ 60.8g/t AuEq First results of the drill program returned 3.3m @ 6.6g/t Au, including 2.3m @ 9.1 g/t Au Golden Eye has never been mined and was last drilled in the early 1990s when gold was less than [...]