REG - ACG Metals Ltd. - ACG Engages Joint Managers for USD Bond Financing

ACG MetalsAnnouncement

03/12/2024 12:00

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RNS Number : 6360O  ACG Metals Limited  03 December 2024

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OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH
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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.

- ENDS -

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

 acg@palatine-media.com (mailto:acg@palatine-media.com)

 

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
(http://www.acgcorp.co/)

 

 

 

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