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RNS Number : 7169C ACG Metals Limited 09 October 2025
9 October 2025
ACG METALS LIMITED
Net Smelter Return Agreement Signed between Kenz Madencilik and Polimetal
ACG Metals Limited ("ACG" or the "Company") is pleased to announce that its
subsidiary, Polimetal, has secured a 2% Net Smelter Return ("NSR") royalty
over a mining license area located in Niğde Province, Çamardı District,
Türkiye.
This NSR interest originates from a joint operation and option agreement
executed in 2012 between Polimetal and Kenz Madencilik ("Kenz Madencilik"),
under which the license was transferred to Kenz in exchange for a cash
consideration of USD 150,000 and the undertaking of exploration expenditures,
while Polimetal retained an option to acquire the NSR right.
The NSR agreement signed with Kenz Madencilik entitles Polimetal to receive 2%
of gross revenues from all mineral sales, net of standard deductions, for the
full operational life of the project. The license area is currently the focus
of exploration activities targeting precious metals and other mineralisation.
This structure provides ACG with future cash flow exposure without direct
exploration investment or operational involvement.
ENDS -
The person responsible for the release of this information on behalf of the
Company is Artem Volynets, 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)
Berenberg
Research Analysts
William Dalby +44 (0) 20 3753 3243
Richard Hatch +44 (0) 20 3753 3070
Joint Broker
Jennifer Lee
+44 (0) 20 3207 7800
Canaccord
Research Analysts
Tim Huff +44 (0) 20 7523 8374
Joint Broker
James Asensio / Charlie Hammond
+ 44 (0) 20 7523 80
Stifel
Joint Broker
Ashton Clanfield / Varun Talwar
+44 (0) 20 7710 7600
Cantor Fitzgerald
Research Analysts
Puneet Singh +1 (416) 350-8153
About the Company
ACG Metals is a company with a vision to consolidate the copper industry
through a series of roll-up acquisitions, with best-in-class ESG and carbon
footprint characteristics.
In September 2024, ACG successfully completed the acquisition of the Gediktepe
Mine which 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. Gediktepe sold 57koz of AuEq in 2024.
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.
LON: ACG | OTCQX: ACGAF | LON:ACGW | Xetra: ACG | Bond ISIN:
NO0013414565
For more information about ACG, please visit: www.acgmetals.com
(http://www.acgmetals.com)
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