Cygnus Metals Limited

Career chronology

• Current role; start date not stated in selected roster: Cygnus Metals Limited — Executive Chair. Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26)

• Appointed 2019; oversaw return to nickel production: Mincor Resources NL — Managing Director. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Previous role; nearly a decade reported: Western Areas Ltd — Executive Director. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

Contributions and company outcomes

Kazakhstan regulatory approval outstanding

2026-09-23 · issuer reported · medium materiality

The issuer reported kazakhstan regulatory approval outstanding: True. This records an employer-level event; the reviewed evidence does not attribute the event to David Southam individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Adjournment of Second Court Hearing (Why has the Second Court Hearing been adjourned?)

Mincor returned to nickel production during Southam’s tenure

2020–2022 · issuer reported · medium materiality

The Cygnus appointment filing states Southam was appointed Mincor Managing Director in 2019 and led its return to Australian nickel production over the following three years, including discovery, studies, financing and construction. This is a company-reported attribution; the cited filing provides no independent performance evaluation.

Attribution: Individual involvement documented. The appointment announcement expressly attributes the leadership role to Southam, but remains an issuer statement.

Relevance: Relevant prior mine restart and development experience for the executive chair role at an exploration/development group.

David Southam appointed Managing Director (Appointment announcement, Mincor experience paragraph)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for David Southam. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26); Corporate – Cygnus Metals (Corporate – Cygnus Metals: executive biography)

Evidence gaps

• Prior roles, exact tenure, education and professional qualifications are not established by the selected evidence.

• Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

Career chronology

• Since 2025-12-15: Cygnus Metals Limited — President and Chief Executive Officer. Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26)

• Most recent role before Cygnus; date not stated: Ma’aden Gold, Sukhaybarat and Bulghah — General Manager. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

Education and qualifications

Disclosed qualifications

As reported by issuer · issuer reported · low materiality

The issuer profile/report lists Professional Engineer (P.Eng.) and MBA, as shown in the issuer profile. The credential is recorded as issuer-reported; no independent credential-register verification is included.

Attribution: Individual involvement documented. The issuer identifies the qualification as belonging to this executive; independent primary credential verification was not performed.

Relevance: Relevant to the role-specific experience record.

Corporate – Cygnus Metals (Corporate – Cygnus Metals: qualifications in executive biography)

Contributions and company outcomes

Kazakhstan regulatory approval outstanding

2026-09-23 · issuer reported · medium materiality

The issuer reported kazakhstan regulatory approval outstanding: True. This records an employer-level event; the reviewed evidence does not attribute the event to Nicholas Kwong individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Adjournment of Second Court Hearing (Why has the Second Court Hearing been adjourned?)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Nicholas Kwong. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26); Corporate – Cygnus Metals (Corporate – Cygnus Metals: executive biography)

Evidence gaps

• Prior roles, exact tenure, education and professional qualifications are not established by the selected evidence.

• Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

Career chronology

• Current role; start date not stated in selected roster: Cygnus Metals Limited — Vice President of Exploration and Corporate Development. Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26)

• Previous role; dates not stated: Bellevue Gold Ltd — Geology/exploration role during Bellevue gold discovery. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Previous role; dates not stated: Randgold Resources — Exploration role at Loulo Gold Mine. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

Contributions and company outcomes

Kazakhstan regulatory approval outstanding

2026-09-23 · issuer reported · medium materiality

The issuer reported kazakhstan regulatory approval outstanding: True. This records an employer-level event; the reviewed evidence does not attribute the event to Duncan Grieve individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Adjournment of Second Court Hearing (Why has the Second Court Hearing been adjourned?)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Duncan Grieve. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26); Corporate – Cygnus Metals (Corporate – Cygnus Metals: executive biography)

Evidence gaps

• Prior roles, exact tenure, education and professional qualifications are not established by the selected evidence.

• Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

Career chronology

• Current role; start date not stated in selected roster: Cygnus Metals Limited — Chief Financial Officer / Joint Company Secretary. Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26)

• Concurrent role reported on corporate profile: Midas Minerals Ltd — Chief Financial Officer. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Concurrent role reported on corporate profile: Andean Silver Ltd — Non-Executive Director. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

Education and qualifications

Disclosed qualifications

As reported by issuer · issuer reported · low materiality

The issuer profile/report lists Chartered Accountant, Chartered Company Secretary and Graduate of the Australian Institute of Company Directors. The credential is recorded as issuer-reported; no independent credential-register verification is included.

Attribution: Individual involvement documented. The issuer identifies the qualification as belonging to this executive; independent primary credential verification was not performed.

Relevance: Relevant to the role-specific experience record.

Corporate – Cygnus Metals (Corporate – Cygnus Metals: qualifications in executive biography)

Contributions and company outcomes

Kazakhstan regulatory approval outstanding

2026-09-23 · issuer reported · medium materiality

The issuer reported kazakhstan regulatory approval outstanding: True. This records an employer-level event; the reviewed evidence does not attribute the event to Carl Travaglini individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Adjournment of Second Court Hearing (Why has the Second Court Hearing been adjourned?)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Carl Travaglini. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26); Corporate – Cygnus Metals (Corporate – Cygnus Metals: executive biography)

Evidence gaps

• Prior roles, exact tenure, education and professional qualifications are not established by the selected evidence.

• Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

Career chronology

• Since 2022-11-01: Cygnus Metals Limited — Joint Company Secretary. Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26)

• Current: Belltree Corporate — Co-founder and Managing Director. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Former role: Bellevue Gold Ltd — Company Secretary. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Earlier role: Bellanhouse Legal — Associate. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Earlier role: HWL Ebsworth Lawyers — Associate. Corporate – Cygnus Metals (Corporate – Cygnus Metals: profile / appointment biography)

• Current; dates not stated: Belltree Corporate — Co-founder and Managing Director. Maddison Cramer profile (Issuer biography; Belltree and earlier legal/company secretarial roles)

Contributions and company outcomes

Kazakhstan regulatory approval outstanding

2026-09-23 · issuer reported · medium materiality

The issuer reported kazakhstan regulatory approval outstanding: True. This records an employer-level event; the reviewed evidence does not attribute the event to Maddison Cramer individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Adjournment of Second Court Hearing (Why has the Second Court Hearing been adjourned?)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Maddison Cramer. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Cygnus Metals corporate team (Management Team / corporate directory; named role as at 2026-09-26); Corporate – Cygnus Metals (Corporate – Cygnus Metals: executive biography)

Evidence gaps

• Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

• Issuer biography identifies former Bellevue Gold company secretary and prior legal associate roles at Bellanhouse Legal and HWL Ebsworth but does not give exact dates, qualifications or attributable outcomes; independent admission checks were not conducted.