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Cygnus Metals Advances Sakami Acquisition with Share Issue
Company Announcements

Cygnus Metals Advances Sakami Acquisition with Share Issue

Cygnus Gold Ltd. (AU:CY5) has released an update.

Cygnus Metals Limited has applied for the quotation of 900,000 fully paid ordinary shares on the ASX under the code CY5, with an issue date of May 17, 2024. These shares are being issued as part of the consideration for the acquisition of the Sakami Project’s second stage, following shareholder approval on May 17, 2024. The company has confirmed compliance with the ASX Listing Rules in its application.

For further insights into AU:CY5 stock, check out TipRanks’ Stock Analysis page.

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