Cygnus Gold Ltd. (AU:CY5) has released an update.
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Cygnus Metals Limited announced the approval of its merger with Doré Copper Mining Corp, with both companies’ shareholders voting in favor of the deal. The merger is set to be completed by the end of December 2024, positioning Cygnus as a leading explorer and developer in the critical metals sector. Cygnus also secured shareholder approval for its capital raising efforts, strengthening its financial capacity for future growth.
For further insights into AU:CY5 stock, check out TipRanks’ Stock Analysis page.