Issue of Shares and Cleansing Notice
Cygnus Metals Limited
Level 2, 8 Richardson Street, West Perth WA 6005
T: +61 8 6118 1627 E: [email protected] W: www.cygnusmetals.com
ASX: CY5 | TSXV: CYG
OTCQB: CYGGF
6 January 2026 – Perth, Western Australia and Toronto, Canada
Issue of Shares and Cleansing Notice
Cygnus Metals Limited (“Cygnus” or the “Company”) advises that 238,372 fully paid ordinary shares (“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 (before costs), being the total price payable on exercise
of the above options.
Cleansing Notice
Cygnus issued the Shares without disclosure under section 708A(5) of the Corporations Act 2001 (Cth) (“Act”).
With reference to those Shares issued, in accordance with section 708A(6) of the Act, the Company gives
notice under paragraph 708A(5)(e) that:
1. the Company issued the Shares without disclosure under Part 6D.2 of the Act; and
2. as at the date of this notice:
a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the
Company;
b) the Company has complied with sections 674 and 674A of the Act; and
c) other than as set out below, there is no excluded information within the meaning of sections 708A(7)
and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act .
This announcement has been authorised for release by the Board of Directors of Cygnus.
David Southam
Executive Chairman
T: +61 8 6118 1627
Media:
Paul Armstrong
Read Corporate
+61 8 9388 1474
About Cygnus Metals
Cygnus Metals Limited (ASX:CY5, TSXV:CYG , OTCQB:CYGGF) is a diversified critical minerals exploration
and development company with projects in Quebec, Canada and Western Australia. The Company is
dedicated to advancing its Chibougamau Copper -Gold Project in Quebec with an aggressive exploration
program to dr ive resource growth and develop a hub- and-spoke operation model with its centralised
processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the
world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus
team has a proven track record of turning exploration success into production enterprises and creating
shareholder value.