Integra Resources Appoints Ausenco As Lead Engineering Partner For Detailed Engineering Activities at the Co's DeLamar Project in southwestern Idaho

Cygnus Metals Agrees to A$232 Million Takeover by Central Asia Metals Under Share Exchange Deal

Central Asia Metals (AIM: CAML) and Cygnus Metals Limited (ASX: CY5, CYG.V) said earlier Tuesday they entered into a definitive Scheme Implementation Deed (SID), under which CAML has agreed to acquire 100% of Cygnus' fully paid ordinary shares. Cygnus shareholders will receive 0.06 new CAML shares for each Cygnus share held on the prescribed record date.Tuesday's statement noted the terms of the scheme value each Cygnus Share at A$0.176 per Cygnus Share based on the closing price of 1.56 British pounds per CAML share and an Australian dollar to British pound exchange rate of A$1:0.53 British pound on June 1, 2026. The Scheme Consideration values the fully diluted share capital of Cygnus at A$232 million.Shares in CYG were down $0.01 at $0.115 in Canada yesterday, giving it a market capitalization of around $140 million.Immediately following implementation of the scheme, it is expected that existing CAML shareholders will own approximately 70%, and Cygnus shareholders will own approximately 30%, of CAML's enlarged fully diluted issued share capital, the statement said.

Earnings Flash (SPN.V) Snipp Interactive Reported Q1 Revs US$5.0M Vs $6.4M a Year Earlier; Bookings Backlog Record $20.6M

Earnings Flash (VST.CN) Victory Square Technologies Reported Q1 Revs $24.9M Vs $4.5M a Year Ago; Net Income Near $3.9M