Breaking News: Dore Copper Receives Shareholder Green Light for Exciting Partnership with Cygnus Metals!

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) —

Doré Copper Mining Corp. (“Doré Copper”) (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) is pleased to announce that, at the special meeting (the “Meeting”) of shareholders of Doré Copper (“Doré Copper Shareholders”) held earlier today, Doré Copper Shareholders overwhelmingly voted in favour of approving the special resolution (the “Arrangement Resolution”) authorizing the previously announced plan of arrangement (the “Arrangement”) (news release October 15, 2024) whereby Cygnus Metals Limited (“Cygnus”), through its wholly-owned subsidiary, 1505901 B.C. Ltd., will acquire all of the issued and outstanding common shares in the capital of Doré Copper (the “Doré Copper Shares”) and, in exchange, Doré Copper Shareholders will receive 1.8297 ordinary shares in the capital of Cygnus (the “Cygnus Shares”) for each Doré Copper Share held.

Exciting news in the world of mining industry! Doré Copper has just received the green light from its shareholders to embark on a thrilling partnership with Cygnus Metals. This partnership is set to bring about significant changes in the mining landscape and pave the way for new opportunities and growth.

With the overwhelming support from the shareholders, Doré Copper is now poised to enter into a plan of arrangement with Cygnus Metals. This arrangement will see Cygnus Metals acquiring all of the issued and outstanding common shares of Doré Copper. In return, Doré Copper shareholders will receive Cygnus shares for each Doré Copper share held, solidifying a strong collaboration between the two companies.

The mining industry is constantly evolving, and partnerships like these are crucial for driving innovation and competitiveness. By joining forces with Cygnus Metals, Doré Copper is positioning itself for a brighter future filled with exciting possibilities.

This partnership will not only benefit Doré Copper and Cygnus Metals but also have a ripple effect on the entire mining sector. It will lead to the exchange of knowledge, expertise, and resources, ultimately resulting in higher efficiency, productivity, and sustainability across the industry.

How will this affect me?

As an investor in Doré Copper, this announcement could have a direct impact on your investment portfolio. The partnership with Cygnus Metals could potentially boost the value of your shares and open up new opportunities for growth and profitability.

How will this affect the world?

The partnership between Doré Copper and Cygnus Metals represents a significant development in the mining industry. It has the potential to set a new standard for collaboration and innovation, influencing the way companies in the sector work together to achieve common goals. This could lead to a more sustainable and prosperous future for the global mining industry as a whole.

Conclusion

Overall, the approval of the partnership between Doré Copper and Cygnus Metals marks an exciting chapter in the mining industry. It signifies a step towards progress, growth, and collaboration, with the potential to drive positive changes that benefit not only the companies involved but also the industry as a whole. Keep an eye on this partnership as it unfolds, as it could pave the way for a new era of innovation and success in the mining sector.