Berenberg and Canaccord Initiate Coverage on ACG Metals with ‘Buy’ Rating

ACG Metals Ltd. (“ACG” or the “Company”) (LSE: ACG) is pleased to announce that Joh. Berenberg, Gossler & Co. KG (“Berenberg”) and Canaccord Genuity Limited UK (“Canaccord”), two leading independent global investment banks, have initiated equity research coverage on the Company.

The equity research coverage is led by William Dalby, Analyst in Metals & Mining at Berenberg, and Tim Huff, Analyst in Metals & Mining at Canaccord, both whom bring extensive experience in analysing the sector and providing insights on global mining companies. Their research offers institutional and retail investors an independent perspective on ACG’s strategy, operations, and market positioning as it transitions the Gediktepe Mine from gold oxide to copper sulphide production.

The transition is supported by a fully funded US$146m sulphide expansion, with site works underway, and plant commissioning set for Q1 2026, marking a key milestone in ACG’s long-term growth strategy.

The initiation of coverage by Berenberg and Canaccord represents 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 their analysis as we continue executing our growth strategy and delivering value to shareholders.

Artem Volynets, Chief Executive Officer of ACG, said:

“We are pleased to welcome expert analyst coverage from Berenberg and Canaccord confirming our compelling equity story. As outlined in the research reports, ACG Metals is founded on best-in-class management, a highly cash-generative asset in Turkey, and a disciplined long-term M&A strategy. As we continue to build our brownfield expansion project at Gediktepe on time and on budget, this coverage should increase our visibility and give the market further insight into our strategy, execution, and a massive potential for the long-term value creation.“