THIS ANNOUNCEMENT IS IMPORTANT AND REQUIRES THE IMMEDIATE
ATTENTION OF SHAREHOLDERS. IF SHAREHOLDERS ARE IN ANY DOUBT AS TO
THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN INDEPENDENT
PROFESSIONAL ADVISORS IMMEDIATELY.
28 February 2025
ACG METALS
LIMITED
("ACG" or
the "Company")
Passing of
Written Shareholder Resolutions
On 27 February 2025, the Company
announced the circulation of a notice of written resolutions to the
Shareholders ("Notice of Written
Resolutions") to consider the resolutions set out in the
Notice of Written Resolutions being proposed as written resolutions
(the "Written
Resolutions").
The Company today announces that the
Written Resolutions have been passed on 28 February
2025.
Following the passing of the Written
Resolutions, the Company has satisfied the Tender Condition in
paragraph 2.2(c) of the terms and conditions in Part III of the
Share Tender Offer circular. The Share Tender Offer is
anticipated to close today at 5.00 p.m., to the extent it is not
extended at the election of the Company.
A conformed copy of the Written
Resolutions has been submitted to the National Storage Mechanism
and a copy of the Written Resolutions will also be published to the
Company's website at https://acgmetals.com/,
in accordance with regulation 8.26 of the Memorandum and Articles
of Association.
- ENDS -
For further information
please contact:
Palatine
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey
Traynor/ Richard Seed
acg@palatine-media.com
About the Company
ACG is a company with a vision to
consolidate the critical metals industry, starting with the copper
sector. Through a series of roll-up acquisitions, ACG intends to
become a premier supplier of copper and other critical metals to
the western OEM supply chain, with best-in-class ESG and carbon
footprint characteristics.
In September 2024, ACG successfully
completed the acquisition of the Gediktepe Mine, an operating open
pit mine in Türkiye currently producing 34 koz of gold and 361 koz
of silver. Gediktepe 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.
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: https://acgmetals.com/
