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Doré Copper and Cygnus Metals Enter Into Arrangement Agreement to Create Strategic Critical Minerals Company

Provided By GlobeNewswire

Last update: Oct 15, 2024

Not for distribution to United States news wire services or for dissemination in the United States

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Doré Copper Mining Corp. (“Doré Copper”) (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) is pleased to announce that it has entered into a definitive arrangement agreement (the “Agreement”) on October 14, 2024 with Cygnus Metals Limited (ASX: CY5) (“Cygnus”) to combine their respective businesses in a merger of equals transaction, pursuant to which Cygnus has agreed to acquire 100% of the issued and outstanding common shares of Doré Copper (the “Doré Copper Shares”) by way of a court approved plan of arrangement under the Canada Business Corporation Act (the “Transaction”).

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