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RNS Number : 2830E ACG Metals Limited 09 April 2025
9 April 2025
ACG Metals
ACG METALS LIMITED
("ACG" or the "Company")
Stifel Initiates Coverage on ACG Metals with 'Buy' Rating
ACG Metals Ltd. ("ACG" or the "Company") is pleased to announce that Stifel
Nicolaus Europe Limited ("Stifel"), a leading global investment bank, has
initiated equity research coverage on the Company.
Stifel Initiates Equity Research Coverage on ACG Metals Ltd.
The coverage is led by Andrew Breichmanas, Managing Director and Senior
Analyst in Metals & Mining at Stifel, who brings extensive experience in
analyzing the sector and providing insights on global mining companies. His
research will offer institutional and retail investors an independent
perspective on ACG's strategy, operations, and market positioning.
The initiation of coverage by Stifel marks an important step in expanding
ACG's visibility within the investment community. Independent research plays a
key role in enhancing market transparency, and we welcome Stifel's analysis as
we continue executing our growth strategy and delivering value to
shareholders.
Patrick Henze, Chief Financial Officer of ACG, said:
"The initiation of coverage by Stifel is an important milestone for ACG Metals
as we continue to expand our engagement with the investment community.
Stifel's research provides independent insights into our strategy, operations,
and growth potential, helping investors better understand the fundamentals of
our business. We welcome the coverage from Andrew Breichmanas and his team,
and we look forward to ongoing dialogue with analysts and shareholders as we
execute our plans and drive long-term value."
- 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)
Stifel Nicolaus Europe Limited
Broker
Ashton Clanfield / Varun Talwar
+44 (0) 20 7710 7600
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 produced 55koz 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.
For more information about ACG, please visit: www.acgmetals.com
(http://www.acgmetals.com)
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