Completion of Tranche 1 of the Placement

Cyprium Metals Limited is pleased to announce the successful completion of Tranche 1 of the Placement, raising A$5.2 million. Tranche 2, to raise an additional A$8.3 million, is subject to shareholder approval in January 2025. The company will also offer an entitlement offer to existing shareholders. The funds raised will be used for various operational expenses and working capital. Canaccord Genuity acted as Lead Manager to the Placement.

For more information, visit www.cypriummetals.com.