Cygnus Metals Limited has issued 202,500 performance rights to employees under its Omnibus Equity Incentive Plan. The performance rights vest on the later of one year from the date of issue or upon successful completion of specific key performance objectives within three years. Each vested performance right can be exercised for one fully paid ordinary share and will expire on May 31, 2030, if not exercised earlier. The same terms apply to both employees and directors as approved at the company's annual general meeting on May 14, 2025.
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: GNW9599041-en) on December 09, 2025, and is solely responsible for the information contained therein.