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Doré Copper and Cygnus Metals Enter Into Arrangement Agreement to Create Strategic Critical Minerals Company

October 23, 2024

Doré Copper Mining Corp. has announced that it has entered into a definitive arrangement agreement on October 14, 2024 with Cygnus Metals Limited to combine their respective businesses in a merger of equals transaction, pursuant to which Cygnus has agreed to acquire 100% of the issued and outstanding common shares of Doré Copper by way of a court approved plan of arrangement under the Canada Business Corporation Act. The transaction will create a Québec-focused critical minerals explorer and developer with high-grade copper and lithium resources.

Bennett Jones is Canadian legal advisor to Doré Copper on the transaction.

The Bennett Jones team is led by Abbas Ali Khan (M&A) and includes Will Edwards, Yohanna Laurensia, Benjamin Gal and Shari Gasch (M&A), Phil Ward (Tax) and Zirjan Derwa (Competition).

Read the transaction press release.

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