Business
Sun Valley Investments AG Announces the Successful Completion of the Offer to Purchase Shares of Mineros S.A.
TORONTO, July 15, 2025--Sun Valley Investments AG ("Sun Valley") today announces that its previously announced public offer to purchase common shares ("Common Shares") of Mineros S.A. ("Mineros" or the "Company", TSX: MSA, CB: MINEROS) by way of an Oferta Pública de Adquisición (the "OPA" or the "Offer") through the facilities of the Colombia Securities Exchange at a price per Common Share equal of 5,500 Colombian pesos ("COP"), equivalent to approximately CAD $1.88 as of July 14, 2025 (the "Clo
About this update from Mineros Sa
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":353,"url":"https://media.zenfs.com/en/business-wire.com/eabd744e1c958422b01226eeb05194de"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jOqLdfRAiTZoyvgk3Gjd_w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcwNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/eabd744e1c958422b01226eeb05194de","width":480,"height":353}},"lazy":false},{"type":"text","content":"TORONTO, July 15, 2025--(BUSINESS WIRE)--Sun Valley Investments AG ("Sun Valley") today announces that its previously announced public offer to purchase common shares ("Common Shares") of Mineros S.A. ("Mineros" or the "Company", TSX: MSA, CB: MINEROS) by way of an Oferta Pública de Adquisición (the "OPA" or the "Offer") through the facilities of the Colombia Securities Exchange at a price per Common Share equal of 5,500 Colombian pesos ("COP"), equivalent to approximately CAD $1.88 as of July 14, 2025 (the "Closing Date"), payable in cash was successfully completed on the Closing Date.","length":673,"tagName":"p"},{"type":"text","content":"Sun Valley acquired a total of 23,851,918 Common Shares (the "OPA Shares") pursuant to the OPA for total aggregate consideration of COP 131,185,549,000, equivalent to approximately CAD $44,864,350 as of the Closing Date.","length":230,"tagName":"p"},{"type":"text","content":"Immediately prior to the OPA, Sun Valley beneficially owned and exercised control over 172,122,705 Common Shares, valued at CAD $444,076,579 on Closing Date, representing 57.42% of the issued and outstanding Common Shares. Following the completion of the OPA, Sun Valley beneficially owns and exercises control over 195,974,623 Common Shares, valued at CAD $505,614,527, representing approximately 65.38% of the issued and outstanding Common Shares as of the Closing Date.","length":472,"tagName":"p"},{"type":"text","content":"Sun Valley acquired the OPA Shares and will hold its Common Shares for investment purposes and will evaluate its investment in Mineros on an ongoing basis and may increase or decrease its holdings in Mineros and otherwise engage with the Company in the future, subject to market conditions and other relevant factors. Sun...