UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported)     May 19, 2006

                            CIGMA METALS CORPORATION
             (Exact name of registrant as specified in its charter)


Florida                              0-27355                 98-0203244
(State or other jurisdiction         (Commission             (IRS Employer
of incorporation)                    File Number)            Identification No.)


1 Edith Place, Coolum Beach, Queensland, Australia             4573
(Address of principal executive offices)                       (Zip Code)

Registrant's Telephone Number, Including the area code:        (+61) 4111-56177


(Former name or former address, if changed from last report.)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Information A.2. below):

[ ]  Written  communications pursuant to Rule 425 under the Securities Act (17
     CFR  230.425)

[ ]  Soliciting  material  pursuant  to Rule 14a-12 under the Exchange Act (17
     CFR  240.14a-12)

[ ]  Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under the
     Exchange  Act  (17  CFR  240.14d-2(b))

[ ]  Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under the
     Exchange  Act  (17  CFR  240.13e-4(c))



CIGMA METALS CORPORATION
- ------------------------

Item 3.03 Material Modification to Rights of Security Holders

Cigma  Metals  Corporation has been notified of the successful completion of the
Company's  documentation  submitted to the NASDAQ with respect to its previously
announced  two  for  one  forward  stock  split  of  the Company's common stock.
Commencing  on May 22, 2006, the Company's common stock will commence trading on
the  Pink  Sheets  under the new trading symbol CGMX rather than its old trading
symbol  CGMV.

On  April  7,  2006,  Cigma's  Board of Directors approved a two for one forward
stock  split  effective  May  15, 2006 subject to applicable regulatory approval
(the  "Effective Date"). The Company believes a 2:1 stock split will enhance the
liquidity  and  marketability  of  the  common shares and make the common shares
accessible  to  a  wider  range  of  investors.

Although  each share of the Company's issued and outstanding common stock on the
Effective  Date  (the  "PRE-SPLIT  SHARES") shall be automatically converted and
split  into 2 shares of the common stock (the "POST-SPLIT SHARES"), Shareholders
must  return  their  certificates  if  they  wish  to  receive  new  replacement
certificates  representing  the  Post  Split  Shares.  The new certificates will
evidence  the  Company's  new  CUSIP  number,  which  is identified with its new
trading  symbol  CGMX.

Item 9.01 Financial  Statements  and  Exhibits

(d)  Exhibits:

99.1 Cigma Metals  Corporation news release issued May 19, 2006 and disseminated
     through  the  facilities  of  recognized  newswire  services.


                                   SIGNATURES

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized.


                                        CIGMA METALS CORPORATION


Date: May 19, 2006                       by: /s/ Lars Pearl
      ------------                           --------------
                                                 Lars Pearl
                                                 President and Director


                                       2