Cygnus Gold Limited announced that Michael Naylor, the current Executive Director of Cygnus Gold, will transition into a Non-Executive Director position, effective 1 March 2023. Cygnus announced the appointment of Carl Travaglini as Joint Company Secretary, effective December 31, 2023. Mr. Travaglini is a Chartered Accountant and Chartered Company Secretary with over 14 years' experience in the resources sector, having served in various finance and company secretarial roles in Australia, Canada and Africa.

Mr. Travaglini is currently Chief Financial Officer of Bellavista Resources Limited and Midas Minerals Limited. Before joining Cygnus, Mr. Travaglini worked for and assisted a number of publicly listed lithium and gold companies through exploration, project development and production phases. Prior to that, he worked in assurance services.

Mr. Travaglini brings extensive experience in financial reporting, corporate governance and risk management. Mr. Travaglini and existing Joint Company Secretary Maddison Cramer will be jointly responsible for communication with the ASX in relation to listing rule matters, pursuant to ASX Listing Rule 12.6. With effect from December 31, 2023, Susan Field has resigned as Joint Company Secretary of Cygnus due to other commitments.