The TSX Venture Exchange has accepted for filing the scheme implementation deed dated June 2, 2026, between the company and Central Asia Metals PLC (CAML). Pursuant to the terms of the arrangement, CAML will acquire 100 per cent of the issued and outstanding ordinary shares of the company, resulting in CAML owning a 100-per-cent interest in the company. Pursuant to the arrangement, the company shareholders will receive 0.06 of a new common share of CAML for every one Cygnus share held. The company's shareholders have voted in favour of the arrangement at the Sept. 18, 2026, shareholder meeting, pursuant to the scheme booklet dated Aug. 13, 2026.