9 April 2025
ACG Metals
ACG METALS LIMITED
("ACG" or the "Company")
Stifel Initiates Coverage on ACG Metals with 'Buy' Rating
ACG Metals Ltd. ("ACG" or the "Company") is pleased to announce that Stifel Nicolaus Europe Limited ("Stifel"), a leading global investment bank, has initiated equity research coverage on the Company.
Stifel Initiates Equity Research Coverage on ACG Metals Ltd.
The coverage is led by Andrew Breichmanas, Managing Director and Senior Analyst in Metals & Mining at Stifel, who brings extensive experience in analyzing the sector and providing insights on global mining companies. His research will offer institutional and retail investors an independent perspective on ACG's strategy, operations, and market positioning.
The initiation of coverage by Stifel marks an important step in expanding ACG's visibility within the investment community. Independent research plays a key role in enhancing market transparency, and we welcome Stifel's analysis as we continue executing our growth strategy and delivering value to shareholders.
Patrick Henze, Chief Financial Officer of ACG, said:
"The initiation of coverage by Stifel is an important milestone for ACG Metals as we continue to expand our engagement with the investment community. Stifel's research provides independent insights into our strategy, operations, and growth potential, helping investors better understand the fundamentals of our business. We welcome the coverage from Andrew Breichmanas and his team, and we look forward to ongoing dialogue with analysts and shareholders as we execute our plans and drive long-term value."
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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:
Palatine
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed
Stifel Nicolaus Europe Limited
Broker
Ashton Clanfield / Varun Talwar
+44 (0) 20 7710 7600
About the Company
ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.
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 55koz of AuEq in 2024.
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.
For more information about ACG, please visit: www.acgmetals.com
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