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Stock impact report

Cygnus promotes highly experienced engineer to lead economic studies [Canadian Business Journal (Canada)]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
TORONTO and PERTH, Australia, Oct. 26, 2025 (GLOBE NEWSWIRE) — Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) (“Cygnus” or the “Company”) is pleased to announce that Chief Operating Officer “COO”) Nick Kwong will be promoted to President/Chief Executive Officer (“CEO”) of the Company following the transition of Ernest Mast from Managing Director to Non-Executive Director on 12 December 2025.Mr Kwong is a globally experienced Mining Engineer who has led operations, feasibility studies and mine building activities over the past 20 years. He has been COO of the Chibougamau Project since 2022 and has worked extensively with Mr Mast over this time. His previous positions include General Manager of two gold mines at Maaden in Saudi Arabia and multiple senior roles within New Gold Inc. for 14 years, with his final role being Director of Technical Services.Cygnus now has a dual strategy centred on exploration/resource growth, which is led by VP Exploration & Corporate Development D Show less Read more
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