From Yahoo Finance: 2025-06-20 10:06:00

Cygnus Metals secures A$18.3m through share placement for Chibougamau copper-gold project in Canada. Funds to support exploration, resource growth, and project development, with first tranche of 211.6 million shares raising A$18.2m. Recent drilling success at Corner Bay deposit and Golden Eye prospect set stage for resource update. Pro-forma cash balance forecasted at A$23.7m before placement costs. Cygnus aims to expedite project advancement with funds raised.



Read more at Yahoo Finance: Cygnus Metals to raise $11.8m for Canadian copper-gold project