Completion of Tranche 1 of Placement
Released
Released
Announcement PDF
ASX Announcement
ASX: CYM | 5 NOVEMBER 2026
T +61 8 6374 1550
E communications@cypriummetals.com
W cypriummetals.com
Level1, 437 Roberts Road
Subiaco WA 6008
AUSTRALIA
Cyprium Metals Limited
ABN: 48 002 678 640
ASX: CYM
COMPLETION OF TRANCHE 1 OF PLACEMENT
Cyprium Metals Limited (ASX: CYM / OTCQB: CYPMF) (Cyprium or the Company), an emerging copper
producer whose principal asset is the Nifty Copper Complex in the Paterson region of Western Australia
(Nifty), is pleased to announce the successful completion of Tranche 1 of the two-tranche placement to
raise approximately A$20.7 million (before costs) via the proposed issue of approximately 62.8 million new
fully paid ordinary shares in the Company (Placement Shares) at an issue price of A$0.330 (Placement).
Under Tranche 1 of the Placement, the Company confirms that it has today issued 61,349,876 Placement
Shares.
Tranche 2 of the Placement, comprising 1,424,243 Placement Shares to Directors of the Company, will be
issued subject to shareholder approval which will be sought at a meeting of the Company’s shareholders in
December.
Canaccord Genuity (Australia) Limited, Euroz Hartleys Limited, and Jarden Australia Pty Limited acted as
Joint Lead Managers to the Placement. Confidant Partners acted as legal adviser to the Company.
This ASX announcement was authorised by the Cyprium Executive Chairman.
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ASX: CYM |
For Enquiries:
Angus Miles | VP – Corporate Development and Investor Relations
+61 8 6374 1550
Chris Lim | External Media Relations Advisor
+61 493 392 001
communications@cypriummetals.com
Follow Cyprium Metals:
Subscribe to Email alerts https://cypriummetals.com/contact-us/subscribe-to-email-alerts/
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ASX: CYM |
ABOUT US
Cyprium Metals Limited (ASX: CYM / OTCQB: CYPMF) is an ASX-listed Australian copper company. Its flagship
property is the Nifty Copper Complex in Western Australia, which previously produced significant copper from
both oxide and sulphide resources. Cyprium is focused on redeveloping Nifty, which has the advantage of
significant invested capital, data from a long operating history, large-scale resources, current operational
approvals, and recent investment in the property.
The Company’s other assets include significant copper-focused properties in the Paterson and Murchison
Provinces, including multiple defined resources.
For more information, visit: www.cypriummetals.com
Near-term Producer Fast-track restart with low capex and near-term cash
flow from heap leach reprocessing
Advantage Tier-one copper assets in Western Australia with existing
infrastructure and permits in place
Exploration Highly prospective copper targets at Paterson and Cue
support long-term growth pipeline
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