
Doré Copper Mining Corp. uploaded a News Release
January 1, 2025
Doré Copper and Cygnus Complete Merger
Release Highlights:
- Doré Copper Mining Corp. (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) and Cygnus Metals Ltd. (ASX: CY5) are pleased to announce the successful completion of their merger, resulting in the creation of a dual-listed (TSXV and ASX) critical minerals exploration and development company, with Cygnus acquiring 100% of the issued and outstanding common shares of Doré.
- Merger of equals has two core assets in Quebec: the Chibougamau Copper and Gold Project, as well as the James Bay Lithium Projects, with the combined entity having more than AUD 14MM in cash, underpinning the upcoming copper exploration and resource extension program.
- During the period leading up to the closing of the merger, Doré and Cygnus implemented a targeted exploration program with results expected early in Q1 CY2025. The six-member board is now led by David Southam as Executive Chair; with Ernest Mast as President & Managing Director based in Canada.
Doré Copper is now part of Cygnus Metals Ltd. Here is the link to subscribe for more news about Cygnus Metals: https://arrowhead.bid/asx-cy5/