ACG Metals simplifies structure and boosts liquidity with warrant purchases скачать в хорошем качестве

ACG Metals simplifies structure and boosts liquidity with warrant purchases

ACG Metals Ltd (LSE:ACG, OTC:ACGAF) chairman and CEO Artem Volynets talked with Proactive about the company’s recent completion of a share tender offer and its broader corporate clean-up strategy. Volynets explained that removing 75% of outstanding warrants marked one of the final steps in transitioning away from ACG Metals' SPAC origins. “We have removed the massive warrant overhang, which essentially was one of the last things remaining from our SPAC childhood,” he said. This simplification effort comes alongside previous milestones, including the acquisition of the producing Gediktepe mine in Turkey and a US$200 million bond raise to finance its brownfield expansion. According to Volynets, the sulfide expansion project at Gediktepe is progressing well. The company also plans to switch its trading currency from US Dollars to Sterling, aiming to improve accessibility for local investors. Looking ahead, ACG Metals expects to appoint new brokers shortly to broaden its institutional and retail investor reach. Volynets highlighted that these efforts could help the share price move from its current 0.2x price-to-NAV level closer to 0.8x, in line with comparable companies. For more insights from ACG Metals and other corporate updates, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe to our channel, and enable notifications for future content. #ACGMetals #ArtemVolynets #Gediktepe #MiningUpdate #SPAC #BondFinancing #Warrants #CorporateRestructuring #LondonStockMarket #MiningInvestors #ProactiveInvestors