THIS PRESS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
THIS PRESS RELEASE IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.
THIS PRESS RELEASE CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE.
The net proceeds of the Offering will be utilized to fund and expedite AMG’s projects in the lithium value chain within the new AMG Clean Energy Materials (“CEM”) reporting segment. With this equity raise, in combination with cash on hand and strong projected cash flow from operations, AMG believes it can fully fund its current strategic CEM projects.
The subscription price for the Offer Shares will be determined through an accelerated book-building procedure, which will commence immediately after publication of this announcement. Details of the subscription price and the final number of
Following the Offering, AMG and AMG’s management board have agreed, with customary exceptions, not to issue or dispose of additional ordinary shares for a period of 90 calendar days after the settlement date.
AMG has engaged ABN AMRO Bank N.V. and
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht).
About AMG
AMG is a global critical materials company at the forefront of CO2 reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals end markets.
AMG Clean Energy Materials combines our recycling and mining operations, producing materials for infrastructure and energy storage solutions while reducing the CO2 footprint of both suppliers and customers. Clean Energy Materials spans the vanadium, lithium, and tantalum value chains. AMG Critical Materials Technologies combines our leading vacuum furnace technology line with high-purity materials serving global leaders in the aerospace sector. AMG Critical Minerals consists of our mineral processing operations in antimony, graphite, and silicon metal.
With approximately 3,000 employees, AMG operates globally with production facilities in
For further information, please contact:
AMG Advanced Metallurgical Group N.V. +1 610 975 4979
mfischer@amg-nv.com
IMPORTANT NOTICE
No action has been taken by AMG or the Joint Global Coordinators and Bookrunners, or any of their respective affiliates that would, or which is intended to, permit a public offer of the Offer Shares in any jurisdiction or possession or distribution of this press release or any other offering or publicity material relating to the Offer Shares in any jurisdiction where action for that purpose is required. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions. Persons into whose possession this press release comes shall inform themselves about, and observe, such restrictions.
This press release is not an advertisement within the meaning of the Prospectus Regulation and does not constitute a prospectus. No prospectus will be made available in connection with the matters contained in this press release and no such prospectus is required (in accordance with Regulation (EU) 2017/1129) to be published. Persons needing advice should consult an independent financial adviser.
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO UNDERWRITE, BUY, SUBSCRIBE, SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SELL, ACQUIRE, DISPOSE OR SUBSCRIBE FOR THE OFFER SHARES OR ANY OTHER SECURITY IN
The
The relevant clearances have not been, and nor will they be, obtained from the securities commission of any province or territory of
AMG has not authorized any offer to the public of
In the
Certain statements in this press release are not historical facts and are “forward looking”. Forward looking statements include statements concerning AMG’s plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG’s competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG’s business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words “expects,” “believes,” “anticipates,” “plans,” “may,” “will,” “should,” and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved. These forward looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG’s expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.
Attachment
April 8 2021 Launch Press Release
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