Quarterly Report

Cygnus successfully completes Initial Public Offer (IPO) and subsequently lists on the ASX on 15 January 2018

$6M raised for exploration activities across multiple projects focused on the prospective southwestern Yilgarn Craton, Western Australia

IPO cornerstone investors Resource Capital Funds, Gold Road Resources and Southern Cross Capital

The Company entered into two earn-in and joint venture agreements with Gold Road Resources Limited (ASX:GOR) over Cygnus’ Lake Grace and Wadderin Projects

Well credentialed mining executive, Simon Jackson was appointed to the Board