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ACG Metals Limited's subsidiary, ACG HoldCo 1 Limited, engaged ABG Sundal Collier ASA and Stifel Europe AG as Joint Lead Managers to arrange a series of fixed income investor meetings. These meetings commenced on December 3, 2024, and a new USD denominated senior secured bond issue with a four-year tenor may follow.
| Date | 3 Dec 2024 |
| Time | 11:56:17 |
| Category | Miscellaneous |
| ID | 6360O |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT IS NOT INTENDED TO CONSTITUTE, AND SHOULD NOT BE CONSTRUED AS, AN OFFER TO SELL OR A SOLICITATION OF ANY OFFER TO BUY THE SECURITIES OF THE COMPANY (AS DEFINED BELOW) IN ANY JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO
3 December 2024
ACG METALS LIMITED
("ACG" or the "Company")
ACG Metals Engages Joint Managers for USD Bond Financing
ACG Metals Limited today announces that its subsidiary, ACG HoldCo 1 Limited, has engaged ABG Sundal Collier ASA and Stifel Europe AG as Joint Lead Managers to arrange a series of fixed income investor meetings, commencing today, 3 December 2024. A new USD denominated senior secured bond issue with a four-year tenor may follow, subject to inter alia market conditions.
The purpose of the new bond issue is to finance the sulphide expansion project at the Company's operating Gediktepe Mine in Türkiye, refinance existing indebtedness and for general corporate purposes.
Further announcements will be made as and when appropriate.
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The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chairman & Chief Executive Officer.
For further information please contact:
Palatine
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed
About the Company
ACG is a company with a vision to consolidate the critical metals industry, starting with the copper sector. Through a series of roll-up acquisitions, ACG intends to become a premier supplier of copper and other critical metals to the western OEM supply chain, with best-in-class ESG and carbon footprint characteristics.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine, an operating open pit mine in Türkiye currently producing 34 koz of gold and 361 koz of silver. Gediktepe is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt.
ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.
For more information about ACG, please visit: www.acgcorp.co