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Cygnus Metals Limited

Mining and Mineral Exploration ~150 employees
Founded
--
Employees (Est.)
~150
10 leaders known
Total Funding
$86.6M
Funding Rounds
6
Last Funding
2026-03-19

About Cygnus Metals Limited

Cygnus Metals is a diversified critical minerals explorer and development group with key assets in Tier 1 mining jurisdictions such as Quebec, Canada, and Western Australia. The company focuses on advancing copper-gold projects in Quebec, including the Chibougamau mining camp with significant mineral resources, and lithium projects in the James Bay district. Additionally, it has REE and base metal projects in Western Australia. Cygnus aims to create shareholder value through exploration success and development of sustainable mining operations.

Products & Services

Copper-Gold Projects:High-grade brownfield projects in the Chibougamau mining camp, Quebec, with measured and indicated resources of 3.6Mt at 3.0% CuEq and inferred resources of 7.2Mt at 3.8% CuEq, targeting a hub-and-spoke operation model with a centralized processing facility.
Lithium Projects:Quality lithium assets with significant exploration upside in the James Bay district, Quebec, including the Auclair, Pontax, and Sakami projects.
Australian Projects:REE and base metal projects located in Western Australia, contributing to the company's diversified portfolio.

Specialties

Critical Minerals Exploration Copper-Gold Resource Development Lithium Exploration REE and Base Metals Hub-and-Spoke Mining Operations Copper-Gold exploration Lithium exploration NI 43-101 & JORC resource development Hub-and-spoke mining operations

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Placement
T: -
FT: Placement
A: 25000000
MR: -
FA: A$25 million
FAN: 25000000
D: 2026-03-19
FD: 2026-03-19
-
2 RT: Share Placement
T: -
FT: Share Placement
A: 25000000
MR: -
FA: A$25 million
FAN: 25000000
D: 2026-03-12
FD: 2026-03-12
2 investors
3 RT: Options Exercise
T: -
FT: Options Exercise
A: 16987
MR: -
FA: C$16,987.48
FAN: 16987
D: 2026-01-06
FD: 2026-01-06
-
4 RT: Equity
T: -
FT: Equity
A: 100000
MR: -
FA: A$100,000
FAN: 100000
D: 2025-08-27
FD: 2025-08-27
1 investors
5 RT: Private Placement
T: -
FT: Private Placement
A: 18200000
MR: -
FA: A$18,200,000
FAN: 18200000
D: 2025-06-26
FD: 2025-06-26
1 investors
6 RT: Equity Placement
T: -
FT: Equity Placement
A: 18300000
MR: -
FA: A$18.3m
FAN: 18300000
D: 2025-06-19
FD: 2025-06-19
3 investors
Placement Latest
2026-03-19
$25.0M
Share Placement 2026-03-12
$25.0M
Options Exercise 2026-01-06
$17K

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

David Southam

Executive Chairman

E

Ernest Mast

Non-Executive Director

K

Kevin Tomlinson

Lead Independent Non-Executive Director

M

Mario Stifano

Non-Executive Director

B

Brent Omland

Non-Executive Director

R

Ray Shorrocks

Non-Executive Director

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Recent News

Cygnus Metals Limited Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Mining and Mineral Exploration
Company Size
~150 employees (est.)

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