Sun Valley Investments AG Announces Enhanced Terms for Mineros S.A. Public Offer
Toronto, Canada – Sun Valley Investments AG (Sun Valley) is thrilled to share some exciting news with the investment community. We are delighted to announce that we have decided to enhance the terms of our public offer to purchase the common shares (Common Shares) of Mineros S.A. (Mineros or the Company), originally announced on February 14, 2025. This improvement comes as part of our ongoing commitment to creating value for our shareholders and supporting the growth of Mineros.
Improved Offer Details
The enhanced offer, named the “Improved Oferta Pública de Adquisición” (Improved OPA), will be made through the facilities of the Colombia Securities Exchange. The key elements of this improved offer include:
- An increased offer price of CAD 10.50 per Common Share, representing a premium of approximately 20% to the closing price of Mineros’ Common Shares on the TSX on February 13, 2025.
- A simplified and expedited transaction process, with the goal of completing the transaction as soon as possible.
- A commitment to maintaining Mineros’ operations in Colombia, ensuring the continuity of jobs and business relationships.
Impact on Sun Valley Investments AG Shareholders
This improved offer is a testament to Sun Valley’s confidence in Mineros’ future growth potential. By increasing our offer price, we believe that we can create value for our shareholders through this investment. We are excited about the opportunity to work with Mineros’ talented team and support the Company’s continued success.
Impact on the World
Beyond the direct impact on Sun Valley and Mineros, this transaction could have broader implications for the mining industry and the global economy. By investing in Mineros, Sun Valley is expressing confidence in the Colombian mining sector and its potential to contribute to the country’s economic growth. Additionally, the transaction’s successful completion could serve as a catalyst for other mergers and acquisitions in the mining industry.
Conclusion
Sun Valley Investments AG is excited to announce the enhanced terms of our public offer to purchase the Common Shares of Mineros S.A. With an increased offer price, a simplified transaction process, and a commitment to maintaining Mineros’ operations in Colombia, we believe that this offer represents an excellent opportunity for both Sun Valley and Mineros. We look forward to working with Mineros’ team and contributing to the Company’s continued growth and success.
As a responsible investor, Sun Valley remains committed to creating long-term value for our shareholders and making a positive impact on the companies and communities in which we operate. We believe that this investment in Mineros is a strong step towards achieving these goals and contributing to the broader mining industry and global economy.
Stay tuned for further updates on this exciting transaction.