CAML Resolution Approved

Cygnus Metals Shareholders Approve CAML Resolution for Proposed Acquisition Scheme

Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) is pleased to announce that at the CAML extraordinary general meeting held on 4 September 2026, shareholders approved a resolution to allot the New CAML Shares for the proposed acquisition of Cygnus. The resolution is an important milestone for the Scheme, satisfying one of the conditions required for its implementation. The transaction remains dependent on other conditions set out in the Scheme Implementation Deed. As part of the Scheme Booklet, new CAML shares will be admitted to trading on AIM and settled through CREST, a computerised share transfer and settlement system. Eligible Scheme Shareholders will not incur transaction costs associated with opening new accounts or dematerialising New CAMl Shares into CREST for a period of 12 months from Implementation of the scheme.