Scheme Completed
Central Asia Metals acquisition of Cygnus Metals
A$232m equity value
Announced 2 Jun 2026 · ASX: CY5
Advisers
Cygnus Metals
Target
- Financial adviser
- Legal adviser
- Independent expert
- Valuation
Central Asia Metals
Acquirer
- Financial adviser
- Legal adviser
- Target
- Cygnus Metals
- Acquirer
- Central Asia Metals
- Structure
- Scheme of arrangement
- Completed
- 27 Oct 2026
- Sector
- Copper and base metals
In the league tables
- M&A financial advisers, 2026 to date Canaccord Genuity #10 · BMO Capital Markets #28
- M&A financial advisers, completed, 2026 to date Canaccord Genuity #4 · BMO Capital Markets #10
- M&A legal advisers, 2026 to date Corrs Chambers Westgarth #8 · Hamilton Locke #25 · Osler, Hoskin & Harcourt #44 · Fieldfisher #46 · McCarthy Tétrault #46
- M&A legal advisers, completed, 2026 to date Corrs Chambers Westgarth #9 · Hamilton Locke #17 · Osler, Hoskin & Harcourt #30 · McCarthy Tétrault #37 · Fieldfisher #37
- Independent experts, 2026 to date Grant Thornton #2
Similar deals
- Kinterra Critical Materials & Infrastructure Opportunities Fund II, L.P. acquisition of New World Resources Jul 2025 · A$250m · Copper and base metals
- Aeris Resources acquisition of Peel Mining Feb 2026 · A$214m · Copper and base metals
- Evolution Mining acquisition of Carnaby Resources Jul 2026 · A$213m · Copper and base metals
- Central Asia Metals acquisition of New World Resources May 2025 · A$185m · Copper and base metals
- Bastion acquisition of Xanadu Mines May 2025 · A$160m · Copper and base metals
Sources
- 2 Jun 2026 Cygnus enters into Scheme Implementation Deed ASX
- 3 Jun 2026 Hamilton Locke advises Cygnus Metals Limited on $232 million acquisition by Central Asia Metals PLC hamiltonlocke.com.au
- 5 Jun 2026 Corrs advises Central Asia Metals on A$232 million acquisition of Cygnus Metals corrs.com.au
- 13 Aug 2026 Scheme Booklet Registered ASX
- 27 Oct 2026 Implementation of Scheme ASX