CYPRIUM METALS LIMITED overview

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) provides the following overview of the Company's activities. Nifty Strategy The Company's priority is to restart the Nifty operation with lower capital intensity and lower risk by developing a large-scale open pit mine utilising the extensive sunk capital infrastructure. The Nifty development strategy currently includes the integration of a Copper oxide starter open pit operation that will be complemented by the larger scale...

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) advises that Wayne Apted has resigned as the Chief Financial Officer and Company Secretary, effective today. The Board wishes to thank Mr Apted for his considerable efforts and contribution to the growth of Cyprium since 2019 and wishes him well in his future endeavours. The Company's Group Financial Controller, Manu Trivedi will serve as the Company's interim CFO until a suitable replacement is found. David Hwang has been...

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) is pleased to announce the capital raising via a placement (Placement) and a pro rata non-renounceable entitlement offer (Entitlement Offer) was oversubscribed, raising a total of $31.6 million before costs (Equity Raising). - $24M Placement to Sophisticated and Institutional Investors Completed - $5M Entitlement Offer closed oversubscribed raising $7.6M from book build and shareholder demand - $21M (US$14.5M) Bridging Facility...

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) is pleased to advise that it has executed a Shortfall Agreement with Nebari Natural Resources Credit Fund II, LP (Nebari) to take $500,000 of the shortfall under the $5,000,000 Entitlement Offer which closes on 7 September 2023 (also refer to CYM ASX release dated 14 August 2023, "Lodgement of Prospectus"). Under the Shortfall Agreement, Nebari has agreed to subscribe for $500,000 worth of Shares (being 12,500,000 Shares at an...

Perth, Australia (ABN Newswire) - Cyprium Metals Ltd (ASX:CYM) is pleased to advise that it has lodged a prospectus (Prospectus) with ASIC and ASX in respect of a proposed pro-rata non-renounceable entitlement issue to raise up to additional $5,000,000 (Entitlement Offer). Together with the funds to be raised under the conditional placement to sophisticated and professional investors (as previously announced) (Placement), the Company is seeking to raise up $29,000,000. Under the terms of the...

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) is pleased to advise that it has received confirmation from ASX that its securities will, subject to the satisfaction of certain conditions (Conditions), be reinstated to quotation following the voluntary suspension of its securities on 23 February 2023 (Reinstatement). The Conditions are detailed in the Company's notice of general meeting released today, 09 August 2023. Following receipt of the Conditions, the Company wishes to...

Perth, Australia (ABN Newswire) - Cyprium Metals Ltd (ASX:CYM) provides the following overview of the Company's activities. Highlights - Work underway on +15-year large scale open pit mine life development at Nifty, based on the current Mineral Resource Estimate of 940,200 tonnes of contained Copper - Firm commitments received for a conditional placement to raise $24M - Additional pro rata non-renounceable entitlement offer to raise up to $5M o 1 new share for every 10.64 shares held on the...

Perth, Australia (ABN Newswire) - Cyprium Metals Ltd (ASX:CYM) is pleased to announce a capital raising via a placement and a proposed pro rata non-renounceable entitlement offer to raise up to approximately $29 million before costs (Equity Raising). HIGHLIGHTS - Firm commitments received for a conditional placement to raise $24M - Additional pro rata non-renounceable entitlement offer to raise up to $5M o 1 new share for every 10.64 shares held on the record date o Offer will be open to all...