Doré Copper Announces Filing and Mailing of Management Information Circular in Connection with Special Meeting and Encourages Shareholders to Access Meeting Materials Electronically

Release Highlights:

• Doré Copper Mining Corp. (TSXV: DCMC) has announces the filing and mailing of its management information circular and related materials for the upcoming special meeting of shareholders on December 16, 2024, where shareholders will vote on a statutory plan of arrangement under which Cygnus Metals Limited will acquire all outstanding Doré Copper shares in exchange for 1.8297 Cygnus shares per Doré Copper share, as detailed in the circular.
• The Doré Copper Board and Special Committee have unanimously recommended that shareholders vote in favor of the arrangement, which they believe is in the best interests of Doré Copper and its shareholders, citing a thorough review and advice from financial and legal advisors. Shareholders are encouraged to access meeting materials electronically and vote their shares online, to ensure timely processing.
• Under the proposed arrangement, Cygnus will acquire all issued and outstanding Doré Copper shares, with shareholders receiving 1.8297 fully paid Cygnus ordinary shares for each Doré Copper share, subject to approval conditions, including Cygnus listing its shares on the TSX Venture Exchange. Cygnus Metals has applied for conditional listing approval of its shares on the TSX Venture Exchange, with the transaction expected to create a diversified resource portfolio, combining Doré Copper’s high-grade copper-gold assets in Québec with Cygnus’ lithium and rare earth projects in Canada and Australia.