Cygnus Metals, Central Asia Metals Get TSX Conditional Approval to List Shares

MT newswire2026/09/01 10:27

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06:27 AM EDT, 09/01/2026 (MT Newswires) -- Cygnus Metals (CYG.V) and Central Asia Metals noted that the Toronto Stock Exchange has given conditional approval to list Central Asia Metals shares on the TSX as part of Central Asia Metals' deal to acquire Cygnus Metals. The listing would include the new shares to be issued to Cygnus shareholders in exchange for their fully paid ordinary shares in Cygnus, the companies said Tuesday. The shares will trade on the TSX under the trading symbol CAML.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41