Dutch miner AMG falls as it offers new shares at discounted price

AMG Critical Materials NV

09/04/2026 08:32

** Shares of AMG Critical Materials AMG.AS fall 12.7% after the Dutch miner announced an offering of 3.25 million new shares for 34 euros each, a discount to Wednesday's close of 36.70 euros

** AMG expects proceeds of more than 110 million euros ($128 million) from the issue, which represents up to 10% of issued share capital

** The proceeds will fund lithium, molybdenum and vanadium recycling projects in Germany and Saudi Arabia, it says

** If Thursday's losses hold, the shares will see their worst trading day since January 2025

($1 = 0.8572 euros)

(Reporting by Lucie Barbier)

((Email: lucie.barbier@thomsonreuters.com))