The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

Cygnus Metals Limited: Issue of Performance Rights

by admin July 11, 2025
July 11, 2025
Cygnus Metals Limited: Issue of Performance Rights

 

Cygnus Metals Limited (‘Cygnus’ or the ‘Company’) advises that it has issued an aggregate of 67,050,000 performance rights (‘Performance Rights’) to directors, and key employees and consultants, under the Company’s Omnibus Equity Incentive Plan (‘Plan’).

 

Shareholders approved the Plan and the issue of Performance Rights to directors at the Company’s annual general meeting held on May 14, 2025. The Performance Rights to key personnel were issued on the same terms and conditions as the director Performance Rights, as set out in the notice of annual general meeting released to ASX on April 14, 2025.

 

The Performance Rights vest on the later of (a) one year after their date of issue, and (b) the successful completion of specific key performance objectives within three years from the date of issue. Each vested Performance Right is exercisable to one fully paid ordinary share in the capital of the Company (net of applicable withholdings) and will expire on May 31, 2030 unless exercised on or before this date.

 

The objective of Cygnus’ Plan is to promote the long-term success of the Company and the creation of shareholder value by aligning the interests of eligible persons under the Plan with the interests of the Company.

 

This announcement has been authorised for release by the Board of Directors of Cygnus.

 

      

  David Southam  
Executive Chair  
T: +61 8 6118 1627  
E:    info@cygnusmetals.com   
  Ernest Mast  
President & Managing Director  
T: +1 647 921 0501  
E:    info@cygnusmetals.com   
  Media:  
Paul Armstrong  
Read Corporate  
+61 8 9388 1474  
     

 

  About Cygnus Metals  

 

 Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
OpenAI to release web browser in challenge to Google Chrome
next post
EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

Related Posts

Dana Samuelson: Silver Facing Supply Shock, Will Price...

March 20, 2025

South Star Battery Metals Announces Appointment of Richard...

May 2, 2024

Nuvau Minerals Completes High Resolution Drone MAG Survey

May 13, 2025

Hertz Energy Acquires Lake George Antimony Property in...

September 17, 2024

Top 10 Gold-mining Companies (Updated 2024)

June 27, 2024

Rio Silver Receives Conditional Approval for Acquisition of...

May 17, 2025

Lobo Tiggre: Uranium Back on the Table, When...

March 6, 2024

Canadian Investment Regulatory Organization Trade Resumption – SAGA

September 24, 2024

Trident Royalties PLC Announces Holding in Company

August 17, 2024

ASML Lowers 2025 Guidance, Triggering Chip Stock Losses

October 18, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,482)
    • Investing (3,787)
    • Politics (5,069)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved