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Cygnus Metals Secures A$18.3m to Fast-Track Chibougamau Growth

9:26am on Friday 20th of June, 2025 AEST Mining
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Cygnus Metals Secures A$18.3m to Fast-Track Chibougamau Growth

9:26am on Friday 20th of June, 2025 AEST
Key Points
  • A$18.3 million raised via two-tranche share placement
  • Placement priced at A$0.086 per share, an 8.5% discount
  • Funds to support resource growth, exploration, permitting, and studies
  • Resource update planned next quarter after successful drilling
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