ACG METALS LIMITED:Approval of DTC Eligibility to Improve U.S. Trading Liquidity
Rhea-AI Summary
ACG Metals (OTC:ACGAF) announced that its class A ordinary shares are now DTC eligible for electronic clearing and settlement in the United States.
This approval enables U.S. broker-dealers and investors to trade ACG shares through DTC’s book-entry system, aiming to simplify trading, shorten settlement times, reduce administrative friction, and support improved U.S. liquidity. The shares remain eligible for clearing and settlement through the CREST system in the United Kingdom.
Positive
- DTC eligibility enables electronic clearing and settlement of ACGAF shares in the U.S.
- Improved access for U.S. broker-dealers and investors to trade ACGAF
- Potential for reduced settlement times and lower administrative friction in U.S. trading
- Shares retain clearing and settlement eligibility through CREST in the United Kingdom
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DTC is a subsidiary of the Depository Trust & Clearing Corporation and provides the primary electronic clearing and settlement infrastructure used by
The approval of DTC eligibility makes it easier for U.S. investors and broker‑dealers to trade and settle the Company's shares across a broader range of
The Shares also remain eligible for clearing and settlement through the CREST system in the
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
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
acgmetals-client-success@thirtythreecomms.com
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
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SOURCE ACG METALS LIMITED