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07 May 2025 14:23:39
- Source: Sharecast
7 May 2025
ACG METALS LIMITED
Successful listing of bonds on Nordic ABM
ACG Metals Limited ("ACG" or the "Company") is pleased to announce that ACG HoldCo 1 Limited has successfully listed the bonds under its 14.75% Senior Secured USD 200,000,000 bonds 2025/2029 with ISIN NO0013414565 on Nordic ABM as of today.
The Admission Document prepared in connection with the listing can be found on ACG's website. The Admission Document contains, inter alia, the Bond Terms, Loan Description and relevant Annual Reports and Financial Statements.
Artem Volynets, Chairman and CEO commented: "This listing of the US$200m bonds on the Nordic ABM is a huge success for ACG, ensuring we are fully funded for the sulphide expansion at Gediktepe as we realise our strategy of becoming a leading copper producer. We have rapidly achieved financial stability which is testament to support from our stakeholders and the dedicated management team at ACG."
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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
Stifel
Joint Broker
Ashton Clanfield / Varun Talwar
+44 (0) 20 7710 7600
Berenberg
Joint Broker
Jennifer Lee / Natasha Ninkov
+44 (0) 20 3207 7800
Canaccord
Joint Broker
James Asensio / Charlie Hammond
+ 44 (0) 20 7523 80
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
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