30 January 2025
ACG METALS LIMITED
("ACG" or the
"Company")
Former U.S Secretary of State
joins as Non-Executive Director
ACG is pleased to announce the
appointment of Mr Michael R. Pompeo, former U.S Secretary of State,
as a Non-Executive Director.
Mr. Pompeo brings unrivalled
geopolitical expertise and a strong global network to ACG, having
served as the 70th Secretary of State in the United
States from 2018 to 2021. He was also the sixth Director of the
Central Intelligence Agency from 2017 to 2018. He started his career as a lawyer, graduating from Harvard Law
School with a juris doctor, before building a successful aircraft
parts manufacturing company, Thayer Aerospace. Mr. Pompeo served as
the U.S House of Representatives member from Kansas's
4th district between 2011 and 2017.
Mr Pompeo joins as part of a
strategic partnership ACG has signed with Impact Investments LLC,
where he is Executive Chairman. Impact Investments is a US based
strategic and financial advisory and investment firm, which advises
some of the world's leading companies across a range of industries
and geographies. As part of this partnership, Impact Investments
will advise and assist ACG as it pursues its ambitious plan to
become a leading global copper company serving U.S and
Western industrial supply chains.
Artem Volynets, Chairman and CEO of ACG,
said:
"We are delighted to welcome such a
distinguished statesman and entrepreneur to ACG's Board. Mike, and
Impact Investments, will bring valued strategic advice to assist
our future growth, including through M&A and strategic
partnerships, as we seek to become the leading copper mining
company on the LSE. Mike's appointment is validation of that
strategy, as well as a very positive step towards its
realization."
Michael R. Pompeo,
Non-Executive Director at ACG, said:
"I am very pleased to join ACG, at such an
exciting time for the business. ACG has made great progress so far,
acquiring the Gediktepe Mine in Türkiye , and is well positioned to
capitalize on strong current and future demand for copper globally.
I look forward to contributing to the company's story as it builds
scale and value for its shareholders."
-
ENDS -
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
acg@palatine-media.com
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey
Traynor/ Richard Seed
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, an operating open
pit mine in Türkiye currently producing 34 koz of gold and 361 koz
of silver.
Gediktepe 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.
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: https://acgmetals.com/
