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Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) has rejected an indicative non-binding offer from Appian Capital Advisory LLP to acquire 100% of its issued share capital at A$0.035 per share. The board determined that the offer did not reflect the company's inherent value and would not be in the best interests of shareholders due to multiple conditions. Shareholders are not required to take any action regarding this offer.

Cyprium remains focused on maximizing value for shareholders and is actively progressing its activities. The company is advising shareholders not to rely too heavily on the proposal from Offeror given the uncertainty surrounding further proposals or interest from third parties. Cyprium has appointed legal advisors to navigate through this process.


Cyprium Metals Limited is an ASX-listed Australian copper company with a focus on the redevelopment of the Nifty Copper Complex in the Paterson region of Western Australia. 

Visit www.cypriummetals.com for additional details.

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) has rejected an indicative non-binding offer from Appian Capital Advisory LLP to acquire 100% of its issued share capital at A$0.035 per share. The board determined that the offer did not reflect the company's value and would not be in the best interests of shareholders due to multiple conditions and potential delays. Shareholders are not required to take any action regarding this offer.<br/><br/>Cyprium remains focused on maximizing value for shareholders and is actively progressing its activities. The company is advising shareholders not to rely too heavily on the proposal from Appian given the uncertainty surrounding further proposals or interest from third parties. Cyprium has appointed legal advisors to navigate through this process.<br/><br/>For more information or questions about this announcement, investors can reach out to Executive Chair, Matt Fifield, at communications@cypriummetals.com. Cyprium Metals Limited is an ASX-listed Australian copper company with a focus on the redevelopment of the Nifty Copper Complex in Western Australia, along with other significant copper-focused properties in the region. Visit www.cypriummetals.com for additional details.

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