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Copper, gold explorer Cygnus Metals rattles the tin

Cygnus Metals, a copper and gold explorer with projects in Canada that is capitalised at $80 million on the ASX, launched an equity raising on Wednesday morning after delivering a fresh batch of drilling results.

Cygnus Metals is capitalising on the demand for copper and gold stocks to launch a cash call.  Louie Douvis

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/copper-gold-explorer-cygnus-metals-rattles-the-tin-20250618-p5m8f8