NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE, AND SHOULD NOT BE CONSTRUED AS, AN OFFER TO SELL OR A SOLICITATION OF ANY OFFER TO BUY THE SECURITIES OF THE COMPANY IN ANY JURISIDICTION.
11 November 2026
ACG METALS LIMITED
("ACG" or the "Company")
ACG Metals Mandates Managers for USD Bond Financing
ACG Metals Limited today announces that its wholly owned subsidiary, ACG Holdco 1 PLC (the "Issuer"), has mandated Clarksons Securities as Global Coordinator and Bookrunner and Stifel Nicolaus Europe Limited as Co-Manager to arrange a series of fixed income investor meetings, commencing today, 11 November 2026. A senior secured bond issue may follow, subject to inter alia market conditions.
The net proceeds from the contemplated bond issue will be used to repay in full the Issuer's existing USD 200m senior secured bond at the applicable call premium, finance capital expenditure, fund the acquisition cost of the Keşkek Licence, and support general corporate purposes.
Further announcements will be made as and when appropriate.
- ENDS -
For further information please contact:
Thirty Three Communications
Communications Advisor
acgmetals-client-success@thirtythreecomms.com
Berenberg
Joint Broker
Jennifer Lee / Ivan Briechle Sanz
+44 (0) 20 3207 7800
Canaccord
Research Analysts
Tim Huff +44 (0) 20 7523 8374
Joint Broker
James Asensio / Rory Blundell / Charlie Hammond
+ 44 (0) 20 7523 4680
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 building a high-margin, copper-focused producer through safe, efficient and sustainable operations.
ACG acquired the Gediktepe Mine in September 2024 and produced first copper concentrate on 31 August 2026. The operation is now ramping up towards commercial production.
In November 2026, ACG agreed to acquire 100% of Blue Moon Norway AS, which holds a 94.52% interest in the construction-stage Nussir copper mine and other development assets in Norway.
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
Important Notices
Inside information
The information contained within this announcement is considered by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014 (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, such information is now considered to be in the public domain.
The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.
Not for publication or distribution in or into the United States
The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of, or with any securities regulatory authority of, any state or other jurisdiction of the United States, and may not be offered, sold, pledged, taken up, exercised, resold, transferred or delivered, directly or indirectly, within, into or in the United States absent registration under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or any other jurisdiction of the United States. Neither the Company nor the Issuer intends to make a public offering of any securities in the United States.