Cygnus Metals Ltd. has issued 3,000,000 additional performance rights to President and Chief Executive Officer Nicholas Kwong under the company's Omnibus Equity Incentive Plan. The performance rights vest upon the successful completion of specific key performance objectives on or before July 11, 2028, and each right is exercisable for one fully paid ordinary share in the company, expiring on May 31, 2030, if not exercised. The company also announced that Ernest Mast, following his transition from Managing Director to Non-Executive Director, will forfeit 6,000,000 performance rights previously issued under the plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cygnus Metals Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9602230-en) on December 15, 2025, and is solely responsible for the information contained therein.