Announcement of Share Issuance and Cleansing Notification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 27 2025
0mins
Should l Buy ?
Source: Yahoo Finance
Settlement of Placement: Cygnus Metals Limited has issued 1,162,790 fully paid ordinary shares at A$0.086 each, raising A$100,000 following shareholder approval.
Regulatory Compliance: The shares were issued without disclosure under the Corporations Act, and the company confirms compliance with relevant provisions of the Act.
Ongoing Exploration: Cygnus is actively conducting exploration and drilling programs at its Chibougamau Copper-Gold Project in Quebec, awaiting assay results for ongoing drill activities.
Company Overview: Cygnus Metals is focused on critical minerals exploration and development, with projects in Quebec and Western Australia, aiming to enhance resource growth and shareholder value.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
