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Cyprium Metals Ltd Lodgement of Prospectus

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Perth, Australia (ABN Newswire) – Cyprium Metals Ltd (ASX:CYM) is happy to advise that it has lodged a prospectus (Prospectus) with ASIC and ASX in respect of a proposed pro-rata non-renounceable entitlement difficulty to lift as much as extra $5,000,000 (Entitlement Provide). Along with the funds to be raised beneath the conditional placement to classy {and professional} traders (as beforehand introduced) (Placement), the Firm is looking for to lift up $29,000,000.

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Beneath the phrases of the Entitlement Provide, eligible shareholders registered on the file date of 5pm (WST) on 18 August 2023 (Report Date) shall be eligible to use for 1 totally paid peculiar share within the capital of the Firm (Share) for each 5.84 Shares held on the Report Date, at a difficulty value of $0.04 per Share, along with 1 free attaching New Choice for each 2 Shares utilized for. The New Choices shall be exercisable at $0.06 every on or earlier than 31 December 2024. The Prospectus additionally accommodates a number of secondary affords which can allow on-sale of securities to be issued together with the Placement and Entitlement Provide.

The Firm intends to to despatch the Prospectus on 23 August 2023, in accordance with the timetable included within the Prospectus. The Firm intends to difficulty all securities pursuant to the shortfall supply made beneath the Prospectus shortly after shut of the Entitlement Provide and, in any occasion, previous to reinstatement of the Firm’s securities to ASX.

As beforehand introduced and upon completion of the Placement and Entitlement Provide, the Firm believes that will probably be able to fulfill the ASX circumstances for reinstatement to citation.

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About Cyprium Metals Ltd:

Cyprium Metals Restricted (ASX:CYM) is poised to develop to a mid-tier mining enterprise and handle a portfolio of Australian copper tasks to ship very important pure assets, robust shareholder returns and sustainable worth for our stakeholders. We pursue this purpose, in real partnerships with workers, prospects, shareholders, native communities and different stakeholders, which relies on integrity, co-operation, transparency and mutual worth creation.

Supply:
Cyprium Metals Ltd

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Contact:
Barry Cahill
Government Director
T: +61 8 6374 1550

Wayne Apted
Chief Monetary Officer
and Firm Secretary

Lexi OHalloran
Investor and Media Relations
E: lexi@janemorganmanagement.com.au
T: +61 404 577 076
E: information@cypriummetals.com



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