ACG METALS LIMITED: Q1 2026 Operations and Capital Structure Update

About this update from Acg Metals Limited Class A

Strong Execution and Project Momentum LONDON , April 21, 2026 /PRNewswire/ -- ACG Metals Limited (LSE: ACG) ( "ACG" or the  "Company" ) is pleased to announce its operations and capital structure update for the first quarter of 2026 (" Q1 2026 "). Q1 2026 Summary Artem Volynets, Chairman and CEO of ACG, said: "Q1 2026 represents a strong start to the year for ACG, reflecting disciplined execution across operations, projects and prudent balance sheet management. Lower C1 cash costs and strong revenues underscore the quality of the operation, while sulphide stripping and the Gediktepe Sulphide Expansion Project continue to progress in line with plan towards production in the middle of 2026. With a robust financial position and key growth projects advancing on schedule, we are well positioned to deliver a transformational year as ACG transitions into a long‑life copper producer." Safety And Sustainability Oxide Operation Strong Momentum Continues Across Sulphide Expansion Works Enriched Ore Project Underway Capital Structure Inside information The information contained within this announcement is considered by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014 (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, such information is now considered to be in the public domain. Forward looking statements This announcement may contain certain "forward-looking information" and "forward-looking statements" (collectively, " forward-looking statements "). Forward-looking statements are identified by their use of terms and phrases such as "believe", "targets", "expects", "aim", "anticipate", "project", "would", "could", "envisage", "estimate", "intend", "may", "plan", "will" or the negative of those, variations or comparable expressions, including references to assumptions. The forward-looking statements in this announcement are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based on numerous assumptions regarding the present and future business strategies of the Group and the environment in which it is and will operate in the future. All subsequent oral or written forward-looking statements attributed to the Company or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. Each forward-looking statement speaks only as of the date of this announcement. Except as required by applicable law, regulatory requirement, the UK Listing Rules and the Disclosure Guidance and Transparency Rules, neither the Company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. 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: Thirty Three Communications Communications Advisor [email protected] Berenberg Research Analysts 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 /Rory Blundell / Charlie Hammond  + 44 (0) 20 7523 4680 Stifel  Research Analysts  Alex Bedwany +44 (0) 7788 392045 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 build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations. 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 produced 39.2koz of AuEq in 2025. 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.com/news-releases/acg-metals-limited-q1-2026-operations-and-capital-structure-update-302748388.html

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