Issue of Shares and Cleansing Notice

Cygnus Metals Limited issued 228,712 fully paid ordinary shares after employees exercised previously unlisted options, with some at C$0.0547 and others at C$0.1093. This move not only boosts the company's equity but also signals a potential uptick in employee confidence and engagement. The issuance could have implications for the company's market capitalization and shareholder value, making it a noteworthy event in the mining sector. The cleansing notice typically relates to regulatory compliance, ensuring that all financial and corporate disclosures are up to date.