David Clifford Southam, a director of Cygnus Metals Limited, sold 11,250,000 shares for $1.9 million after exercising options, according to SEDI filings.
What the filing shows
David Clifford Southam, a director and senior officer of Cygnus Metals Limited (TSXV:CYG), sold 11,250,000 shares at an average price of $0.17 for a total of $1.9 million, according to a filing on SEDI (System for Electronic Disclosure by Insiders). The shares resulted from options or warrants that were exercised and then sold.
The trade date was October 14, 2026, and the filing was dated October 19, 2026. The filing listed 1 registered holding.
David Clifford Southam's trading at Cygnus Metals Limited
The decrease leaves the holding through Lynnette Edwards at 16,425,414 shares in that account.
Over the last 12 months, Southam has made 2 sales transactions at Cygnus Metals Limited, according to SEDI.
Other insider activity at Cygnus Metals Limited
Raymond John Shorrocks, a director of the issuer, also sold shares at Cygnus Metals Limited in the last 30 days, with a most recent trade date of October 7, 2026, according to SEDI.
Over the last 12 months, 1 other insider purchased shares and 4 other insiders sold shares at the company, according to SEDI.
Share price context
Cygnus Metals Limited shares closed at $0.16 on October 16, 2026. Over the past 52 weeks, the stock's daily close ranged from a low of $0.09 to a high of $0.24.
The share price changed by 23% over the prior three months.
