Central Asia Metals

CAML · AIM · Basic Resources · mcap £231m · 138.6p 1 open situation →

The company produces copper at Kounrad in Kazakhstan and zinc and lead concentrates at the Sasa mine in North Macedonia. It also holds exploration interests in Kazakhstan and Scotland and pays dividends from the cash it generates.

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20252026 Chibougamau development project Acquisition of Cygnus Metals FIL Limited selling down Offer for the company Results below expectations

Open · 1

Project milestones

Chibougamau development project

Acquired; development decision pending

CAML took ownership of the Chibougamau copper-gold project in Québec when the Cygnus acquisition completed on 27 October 2026. The Chair says the aim is to advance it towards a development decision. Ernest Mast, who previously ran the project's former owner, Doré Copper Mining, has joined the Board.

Next: Advance Chibougamau towards a development decision

27 Oct 2026 Acquired; development decision pending

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Closed · 4

Large acquisition / reverse takeoverAcquisition of Cygnus Metals Completed 27 October 2026 · 27 Oct 2026 – 27 Oct 2026 OverhangFIL Limited selling down selling stopped · 29 Sep 2025 – 6 Feb 2026 +6% Takeover targetOffer for the company went quiet · 20 Jun 2025 – 3 Jan 2026 +14% Upgrade / downgrade cycleResults below expectations below expectations · 9 Jan 2025 – 9 Apr 2025 −5%

Company filings. Not investment advice.