NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN,
THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION
5 February 2024
ACG Acquisition Company Limited
("ACG" or the "Company")
Final Redemption
Price
As described in the Shareholders
Circular and Notice of Extraordinary General Meeting of
Shareholders published by the Company on 8 January 2024 (the
"Extension
EGM Circular"), Class A Ordinary
Shareholders who validly elected to redeem all or a portion of
their depositary interests in the Class A Ordinary Shares on or
before the Election Cut-off Time shall have such depositary
interests in the Class A Ordinary Shares redeemed and payment in
respect of these will be made by Link Market Services Trustees
Limited, acting as Depositary, by 8 February 2024 at the
latest.
Following the announcement of the
results of such redemption elections by the Company on 16 January
2024, the Company announces today that the final redemption price
is $28.5146 per Class A Ordinary Share.
All capitalized terms used but not defined in this
announcement have the meaning given to them in the Extension EGM
Circular.
About the Company
ACG Acquisition Company Limited is a
SPAC looking to benefit from favourable price conditions for new
economy metals and other mining materials.
The Company aims to optimise its
expertise in global mining by combining with a mining company that
produces materials characterised by supply constraints and rising
long-term demand. The combined entity will capitalise on the need
for resource security and geographic supply diversification, as
well as the global energy transition.
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, including
access to many mining companies as well as
a commitment to ESG principles and strong corporate governance.
For more information about ACG,
please visit: www.acgcorp.co
Forward-looking statements
Some of the information in these
materials may contain projections or other forward-looking
statements regarding future events or the future financial
performance of the Company. You can identify forward looking
statements by terms such as "expect", "believe", "anticipate",
"estimate", "intend", "will", "could", "may" or "might" the
negative of such terms or other similar expressions. The Company
wishes to caution you that these statements are only predictions
and that actual events or results may and often do differ
materially. The Company does not intend to update these statements
to reflect events and circumstances occurring after the date hereof
or to reflect the occurrence of unanticipated events. Any
forward-looking statements reflect the Company's current view with
respect to future events and many factors could cause the actual
results to differ materially from those contained in projections or
forward-looking statements of the Company, including, among others,
ACG's ability to obtain adequate information to evaluate any target
assets, ACG's ability to successfully or timely complete any future
acquisition, ACG's expectations around the performance of any
target assets, ACG's potential ability to obtain additional
financing to complete any future acquisition and the financial
performance of the enlarged group that would result from the
potential completion of any future acquisition. Forward-looking
statements speak only as of the date they are made.
Important notices
This announcement or any part of it
does not constitute or form part of any offer to issue or sell, or
the solicitation of an offer to acquire, purchase, subscribe for,
any securities.
This announcement is not for
publication or distribution, directly or indirectly, in or into the
United States of America. This announcement is not an offer of
securities for sale into the United States. The securities of the
Company have not or will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States, except pursuant to an applicable exemption
from registration.