Business
Change in Currency
Change in Currency.
About this update from Acg Metals Limited Class A
[{"type":"text","content":"\n\nTHIS 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.\n \n21 March 2025\n \nACG METALS LIMITED\n(\"ACG\" or the \"Company\")\nChange in Currency\nACG Metals Limited (\"ACG\" or \"the Company\"), announces that it has applied to the London Stock Exchange to change the currency in which the Company's A Ordinary Shares and Public Warrants are traded on the London Stock Exchange from United States Dollar to Sterling Penny. It is expected this change will become effective at 8.00 A.M. on 24 March 2025.\nThe final exchange rate for conversion from dollars to sterling penny will be based on the rate after the market closes on the 21 March 2025.\nThe Warrant Instruments and Option Instruments will be adjusted according to the terms of their respective instruments in order to apply the change in currency.\nThe Company's financial statements will continue to be presented in U.S. dollars.\n- ENDS -\n For further information please contact:\n \nPalatine \n Communications Advisor\nConal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed\n [email protected]\n \nAbout the Company\n \nACG 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.\n \nIn 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.\n \nACG'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.\n \nFor more information about ACG, please visit: www.acgmetals.com  ...