ACG Metals Successfully Completes Oversubscribed Placing for $15 Million in New Funding

ACG Metals Completes Successful Placing

Date: November 12, 2025

ACG Metals Limited (LSE: ACG) recently disclosed its successful completion of a placing that was announced on November 11, 2025. This significant milestone involved the raising of approximately $15 million (around £11.4 million) by issuing 1,056,309 shares at a price of £10.80 each. The placing was notably oversubscribed, reflecting robust support from both existing and new investors. This influx of capital enhances the company's institutional backing and strengthens its market position.

Oversubscribed Placing Demonstrates Strong Demand

The high demand for the shares in the placing illustrates the confidence investors have in ACG Metals’ strategy and operational plans. Chairman and CEO, Artem Volynets, expressed his satisfaction with the outcome, emphasizing the appreciation for both long-time investors and newcomers joining this venture. He remarked that the interest shown is a testament to the confidence in the company's team and their clearly defined strategy moving forward.

Utilization of Funds for Enriched Ore Treatment Project

The funds raised through this placing will be instrumental in partially financing the initial phase of the company's capital expenditures (capex). These funds will be combined with internal cash resources to fully support the $39 million Enriched Ore Treatment Project, which aims to modernize and enhance production capabilities.

ACG Metals is navigating a crucial phase in its operations, focusing on elevating production levels and improving cash flow generation. The Enriched Ore Treatment Project is viewed as a key step in unlocking additional value that was not fully integrated into the initial mine development plan.

Continued Opportunities for Investors

The separate Retail Offer, also announced on November 11, 2025, remains open for individual investors until 4:45 p.m. (London time) on November 12, 2025. This opportunity enables more retail investors to participate in ACG Metals' growth and boosts overall market engagement. The company will share the results of the Retail Offer alongside the final fundraising outcomes soon after its conclusion.

ACG Metals’ Future Directions

With an ambitious strategy aimed at consolidating the copper industry through selective acquisitions, ACG Metals is on a growth trajectory. The company successfully acquired the Gediktepe Mine in September 2024, which is projected to transition into primary copper and zinc production by 2026. This acquisition is anticipated to yield an annual steady-state copper equivalent production of 20-25 kilotonnes.

ASG Metals has a noteworthy team, equipped with vast experience drawn from multinationals within the mining sector. This depth of expertise is complemented by a firm commitment to environmental, social, and governance (ESG) principles, positioning the company as a responsible player in the metals industry.

Conclusion

In conclusion, ACG Metals' recent placing is set to enhance its operational capabilities and investor relations while offering significant growth prospects. With a clear strategy in place and strong market support, ACG Metals is poised to become a leading copper producer and respond adeptly to the evolving demands of the industry.

For more information on ACG Metals and its operations, please visit www.acgmetals.com.