ACG METALS LIMITED: Net Smelter Return Agreement Signed between Kenz Madencilik and Polimetal


ACG METALS LIMITED: Net Smelter Return Agreement Signed between Kenz Madencilik and Polimetal

LONDON, Oct. 9, 2025 /PRNewswire/ -- ACG Metals Limited ("ACG" or the "Company") is pleased to announce that its subsidiary, Polimetal, has secured a 2% Net Smelter Return ("NSR") royalty over a mining license area located in Nigde Province, Çamardi District, Türkiye.

This NSR interest originates from a joint operation and option agreement executed in 2012 between Polimetal and Kenz Madencilik ("Kenz Madencilik"), under which the license was transferred to Kenz in exchange for a cash consideration of USD 150,000 and the undertaking of exploration expenditures, while Polimetal retained an option to acquire the NSR right.

The NSR agreement signed with Kenz Madencilik entitles Polimetal to receive 2% of gross revenues from all mineral sales, net of standard deductions, for the full operational life of the project. The license area is currently the focus of exploration activities targeting precious metals and other mineralisation.

This structure provides ACG with future cash flow exposure without direct exploration investment or operational involvement.

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

[email protected]

Berenberg

Research Analysts

William Dalby +44 (0) 20 3753 3243

Richard Hatch +44 (0) 20 3753 3070

Joint Broker

Jennifer Lee

+44 (0) 20 3207 7800

Canaccord

Research Analysts

Tim Huff +44 (0) 20 7523 8374

Joint Broker

James Asensio / Charlie Hammond

+ 44 (0) 20 7523 80

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 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 sold 57koz 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.

LON: ACG | OTCQX: ACGAF | LON: ACGW | Xetra: ACG | Bond ISIN: NO0013414565

For more information about ACG, please visit: www.acgmetals.com

View original content:https://www.prnewswire.co.uk/news-releases/net-smelter-return-agreement-signed-between-kenz-madencilik-and-polimetal-302579668.html

© 2025 PR Newswire

Previous articleNext article

POPULAR CATEGORY

misc

18056

entertainment

18937

corporate

15728

research

9651

wellness

15644

athletics

20023