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Net Smelter Return Agreement Signed between Kenz Madencilik and Polimetal

1. ACG Metals' subsidiary secured a 2% NSR royalty in Turkey. 2. The NSR agreement entails gross revenues from all mineral sales. 3. This structure offers cash flow exposure without exploration costs. 4. Exploration activities are currently targeting precious metals in the area. 5. The acquisition supports ACG's strategy for industry consolidation.

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FAQ

Why Bullish?

The NSR royalty potentially enhances future revenues, similar to past M&A success.

How important is it?

The NSR agreement signifies a strategic move for sustained revenue growth.

Why Long Term?

Future cash flows from the NSR will build long-term financial stability.

LONDON, Oct. 9, 2025 /PRNewswire/ -- ACG Metals Limited ("ACG" or the "Company") is pleased to announce that its subsidiary, Polimetal, has secured a 2% Net Smelter Return ("NSR") royalty over a mining license area located in Niğde Province, Çamardı District, Türkiye.

This NSR interest originates from a joint operation and option agreement executed in 2012 between Polimetal and Kenz Madencilik ("Kenz Madencilik"), under which the license was transferred to Kenz in exchange for a cash consideration of USD 150,000 and the undertaking of exploration expenditures, while Polimetal retained an option to acquire the NSR right.

The NSR agreement signed with Kenz Madencilik entitles Polimetal to receive 2% of gross revenues from all mineral sales, net of standard deductions, for the full operational life of the project. The license area is currently the focus of exploration activities targeting precious metals and other mineralisation.

This structure provides ACG with future cash flow exposure without direct exploration investment or operational involvement.

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

acg@palatine-media.com



Berenberg 

Research Analysts

William Dalby +44 (0) 20 3753 3243

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 / Charlie Hammond

+ 44 (0) 20 7523 80



Stifel

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 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 sold 57koz 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. 

LON: ACG | OTCQX: ACGAF | LON: ACGW | Xetra: ACG | Bond ISIN: NO0013414565

For more information about ACG, please visit: www.acgmetals.com

 

Cision View original content:https://www.prnewswire.com/news-releases/net-smelter-return-agreement-signed-between-kenz-madencilik-and-polimetal-302579659.html

SOURCE ACG METALS LIMITED

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