Cygnus Gold : Notification regarding unquoted securities - CY5

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

	Announcement Summary
only	Entity name
CYGNUS GOLD LIMITED
		Date of this announcement
		Thursday January 20, 2022
		The +securities the subject of this notification are:
		Other
use	Total number of +securities to be issued/transferred
ASX +security
		code	Security description
		New class - code	CY5AE : OPTION EXPIRING 20-JAN-2025 EX
		to be confirmed	$0.16
personalFor	Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

3,500,000 20/01/2022

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

CYGNUS GOLD LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2	Registered number type	Registration number
ABN	80609094653
1.3	ASX issuer code
CY5

1. The announcement is New announcement
2. Date of this announcement

20/1/2022

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

This represents a new class of unlisted options being issued

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

only	New +securities
ASX +security code			+Security description
	New class - code to be confirmed			CY5AE : OPTION EXPIRING 20-JAN-2025 EX $0.16
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
20/1/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
personal	Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	Yes
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	issued.
	https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02455616-6A1064116?access_token=8
	3ff96335c2d45a094df02a206a39ff4
Options Details
	+Security currency	Exercise price		Expiry date
	AUD - Australian Dollar	AUD 0.16000000	20/1/2024
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
For	company option
Other
Description

CY5AE : OPTION EXPIRING 20-JAN-2025 EX $0.16

Any other information the entity wishes to provide about the +securities the subject of this notification

Shareholder approved was received at the General Meeting of Shareholders held on 23 December 2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Not applicable

	Issue details
only	Number of +securities
		3,500,000
		Were the +securities issued for a cash consideration?
use	No
Please describe the consideration being provided for the +securities
		Nil
		Purpose of the issue
		Other
personalFor	Additional Details
Options issued for no cash consideration to attract / retain the services of employees.

Notification of Issue, Conversion or Payment up of Unquoted

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