Issue of Shares and Cleansing Notice Settlement of Tranche 2 of the Placement for A$0.1m
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
August 28, 2025 – Perth, Western Australia
August 27, 2025 – Toronto, Canada
Issue of Shares and Cleansing Notice
Settlement of Tranche 2 of the Placement for A$0.1m
Further to its ASX announcement on 20 June 2025 and following shareholder approval received at the general
meeting on 20 August 2025, Cygnus Metals Limited (“Cygnus” or the “Company”) advises that it has issued a
total of 1,162,790 fully paid ordinary shares (“Shares”) to a nominee of Non-Executive Director Raymond
Shorrocks at A$0.086 each to raise A$100,000 (before costs).
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.
As previously announced, the Company has ongoing exploration and drill programs at its Chibougamau
Copper-Gold Project in Quebec and is awaiting assay results from its current drill program (which remains
ongoing). The Company will announce its assay results when it is in a position to complete the collation and
interpretation of all data and in accordance with its continuous disclosure obligations, the JORC Code and the
ASX Listing Rules.
This announcement has been authorised for release by the Board of Directors of Cygnus.
David Southam
Executive Chairman
T: +61 8 6118 1627
Ernest Mast
President & Managing Director
T: +1 647 921 0501
Media:
Paul Armstrong
Read Corporate
+61 8 9388 1474
About Cygnus Metals
Cygnus Metals Limited (ASX: CY5, TSXV: CYG) 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 wi th an aggressive exploration program to drive 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.