Latest news with #OfertaPúblicadeAdquisición
Yahoo
10-07-2025
- Business
- Yahoo
Allocation Under Public Tender Offer by Sun Valley Investments AG to Purchase Mineros Shares Complete Correction to Closing Date
MEDELLIN, Colombia, July 10, 2025--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, MINEROS:CB) ("Mineros" or the "Company"). Further to the information disclosed yesterday, July 9, 2025 regarding the public tender offer (Oferta Pública de Adquisición, or "OPA") made by Sun Valley Investments AG ("Sun Valley"), the Colombian Stock Exchange (Valores de Colombia (BVC)) through bulletin 134 of July 9, 2025, has confirmed the closing of the OPA made by Sun Valley for shares of Mineros. Through the OPA, Sun Valley is acquiring 23,851,918 shares of Mineros at a price of COP $5,500 per share, representing 7.96% of the share capital. With the closing of this transaction, Sun Valley's stake in Mineros will be 65.38% of the total issued and outstanding shares. The closing date for the OPA has been changed from the July 11, 2025, to July 14, 2025. ABOUT MINEROS S.A. Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua, and a pipeline of development and exploration projects. The board of directors and management of Mineros have extensive experience in mining, corporate development, finance, and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For over 50 years Mineros has operated with a focus on safety and sustainability at all its operations. Mineros' common shares are listed on the Toronto Stock Exchange under the symbol "MSA", and on the Colombia Stock Exchange under the symbol "MINEROS". Election of Directors – Electoral Quotient System The Company has been granted an exemption from the individual voting and majority voting requirements applicable to listed issuers under Toronto Stock Exchange policies, on grounds that compliance with such requirements would constitute a breach of Colombian laws and regulations which require the directors to be elected on the basis of a slate of nominees proposed for election pursuant to an electoral quotient system. For further information, please see the Company's most recent annual information form, available on the Company's website at and from SEDAR+ at FORWARD-LOOKING STATEMENTS This news release contains "forward looking information" within the meaning of applicable Canadian securities laws. Forward looking information includes statements that use forward looking terminology such as "may", "could", "would", "will", "should", "intend", "target", "plan", "expect", "budget", "estimate", "forecast", "schedule", "anticipate", "believe", "continue", "potential", "view" or the negative or grammatical variation thereof or other variations thereof or comparable terminology. Such forward looking information includes, without limitation, closing of the Sun Valley Offer; Sun Valley's ownership of or control or direction over Mineros Shares; the Company's planned exploration, development and production activities; and any other statement that may predict, forecast, indicate or imply future plans, intentions, levels of activity, results, performance or achievements. Forward looking information is based upon estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this news release. While the Company considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward looking information. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. For further information of these and other risk factors, please see the "Risk Factors" section of the Company's annual information form dated March 25, 2024, available on SEDAR+ at The Company cautions that the foregoing lists of important assumptions and factors are not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward looking information contained herein. There can be no assurance that forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information. Forward looking information contained herein is made as of the date of this news release and the Company disclaims any obligation to update or revise any forward looking information, whether as a result of new information, future events or results or otherwise, except as and to the extent required by applicable securities laws. View source version on Contacts For further information, please contact:Ann WilkinsonVP of Investor Relations+1 (647) Juan ObandoDirector, Investor Relations(+57) 574 266 Bettina FilipponeRenmark Financial Communications Inc.+1 (514) 939-3989 or +1 (212) 812-7680bfilippone@
Business Wire
10-07-2025
- Business
- Business Wire
Allocation Under Public Tender Offer by Sun Valley Investments AG to Purchase Mineros Shares Complete Correction to Closing Date
MEDELLIN, Colombia--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, MINEROS:CB) (' Mineros ' or the ' Company '). Further to the information disclosed yesterday, July 9, 2025 regarding the public tender offer (Oferta Pública de Adquisición, or ' OPA ') made by Sun Valley Investments AG ('Sun Valley'), the Colombian Stock Exchange (Valores de Colombia (BVC)) through bulletin 134 of July 9, 2025, has confirmed the closing of the OPA made by Sun Valley for shares of Mineros. Through the OPA, Sun Valley is acquiring 23,851,918 shares of Mineros at a price of COP $5,500 per share, representing 7.96% of the share capital. With the closing of this transaction, Sun Valley's stake in Mineros will be 65.38% of the total issued and outstanding shares. The closing date for the OPA has been changed from the July 11, 2025, to July 14, 2025. ABOUT MINEROS S.A. Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua, and a pipeline of development and exploration projects. The board of directors and management of Mineros have extensive experience in mining, corporate development, finance, and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For over 50 years Mineros has operated with a focus on safety and sustainability at all its operations. Mineros' common shares are listed on the Toronto Stock Exchange under the symbol 'MSA', and on the Colombia Stock Exchange under the symbol 'MINEROS'. Election of Directors – Electoral Quotient System The Company has been granted an exemption from the individual voting and majority voting requirements applicable to listed issuers under Toronto Stock Exchange policies, on grounds that compliance with such requirements would constitute a breach of Colombian laws and regulations which require the directors to be elected on the basis of a slate of nominees proposed for election pursuant to an electoral quotient system. For further information, please see the Company's most recent annual information form, available on the Company's website at and from SEDAR+ at This news release contains 'forward looking information' within the meaning of applicable Canadian securities laws. Forward looking information includes statements that use forward looking terminology such as 'may', 'could', 'would', 'will', 'should', 'intend', 'target', 'plan', 'expect', 'budget', 'estimate', 'forecast', 'schedule', 'anticipate', 'believe', 'continue', 'potential', 'view' or the negative or grammatical variation thereof or other variations thereof or comparable terminology. Such forward looking information includes, without limitation, closing of the Sun Valley Offer; Sun Valley's ownership of or control or direction over Mineros Shares; the Company's planned exploration, development and production activities; and any other statement that may predict, forecast, indicate or imply future plans, intentions, levels of activity, results, performance or achievements. Forward looking information is based upon estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this news release. While the Company considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward looking information. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. For further information of these and other risk factors, please see the 'Risk Factors' section of the Company's annual information form dated March 25, 2024, available on SEDAR+ at The Company cautions that the foregoing lists of important assumptions and factors are not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward looking information contained herein. There can be no assurance that forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information. Forward looking information contained herein is made as of the date of this news release and the Company disclaims any obligation to update or revise any forward looking information, whether as a result of new information, future events or results or otherwise, except as and to the extent required by applicable securities laws.
Yahoo
27-05-2025
- Business
- Yahoo
Sun Valley Investments AG Announces Application to Launch Public Offer for Shares of Mineros S.A.
TORONTO, May 27, 2025--(BUSINESS WIRE)--Sun Valley Investments AG ("Sun Valley") announces that it has filed an application with the Colombian Superintendent of Finance ("SFC") to commence a public offer to purchase common shares ("Common Shares") of Mineros S.A. ("Mineros", TSX: MSA, CB: MINEROS) by way of an Oferta Pública de Adquisición (the "OPA" or the "Offer") through the facilities of the Colombia Securities Exchange. The OPA is subject to approval by the SFC and, in accordance with Colombian law, the Offer cannot be made or accepted by Mineros shareholders until such approval has been granted. If the OPA is approved by the SFC, the offer price per Common Share will be equal to COP $5,500, payable in cash and Sun Valley will offer to acquire a minimum of 8.0% and a maximum of 11.0% of the issued and outstanding Common Shares. The total aggregate consideration paid by Sun Valley for Common Shares pursuant to the OPA will be a minimum of COP $131,884,461,500, equivalent to approximately CAD $43,474,845 as of the date of the application to launch the OPA, and a maximum of COP $181,341,132,500, equivalent to approximately CAD $59,777,911 as of the date of the application to launch the OPA. A more detailed description of the OPA, including where and how Mineros shareholders can obtain a copy of documents relating to the OPA and instructions outlining how Mineros shareholders who hold their Common Shares in Canada can participate in the OPA, will be provided if the OPA is approved by the SFC. Dentons Cardenas & Cardenas Abogados S.A.S (Colombia) and Dentons Canada LLP have acted as legal advisors to Sun Valley in connection with the Offer. About Sun Valley Sun Valley is a private investment firm focused on the metals and mining industry with portfolio companies and branch offices in the Americas, Europe and Asia. Sun Valley's senior leadership team has several decades of experience in mining and investment companies and combines investment skills across diverse asset classes with hands-on experience at both senior and junior companies in the precious metals mining and refining industry. The firm finances the entire precious metals supply chain: mineral exploration, mine construction, production, processing and refining. View source version on Contacts For further information relating to Sun Valley, please contact: Camilo Alvarezemail: calvarez@ phone: +1 281 994 7031 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-03-2025
- Business
- Yahoo
Sun Valley Investments AG Announces the Successful Completion of the Offer to Purchase Shares of Mineros S.A.
TORONTO, March 26, 2025--(BUSINESS WIRE)--Sun Valley Investments AG ("Sun Valley") today announces that its previously announced improved public offer to purchase common shares ("Common Shares") of Mineros S.A. ("Mineros" or the "Company", TSX: MSA, CB: MINEROS) by way of an Oferta Pública de Adquisición (the "Improved OPA" or the "Offer") through the facilities of the Colombia Securities Exchange at a price per Common Share equal of 5,500 Colombian pesos ("COP"), equivalent to approximately CAD $1.91 as of March 25, 2025 (the "Closing Date"), payable in cash was successfully completed on the Closing Date. Sun Valley acquired a total of 77,931,725 Common Shares (the "OPA Shares") pursuant to the OPA for total aggregate consideration of COP 428,624,487,500, equivalent to approximately CAD $148,817,008 as of the Closing Date. Immediately prior to the OPA, Sun Valley beneficially owned and exercised control over 92,477,823 Common Shares, representing 30.85% of the issued and outstanding Common Shares. Following the completion of the OPA, Sun Valley beneficially owns and exercises control over 170,409,548 Common Shares representing approximately 56.85% of the issued and outstanding Common Shares as of the Closing Date. Sun Valley acquired the OPA Shares and will hold its Common Shares for investment purposes and will evaluate its investment in Mineros on an ongoing basis and may increase or decrease its holdings in Mineros and otherwise engage with the Company in the future, subject to market conditions and other relevant factors. Sun Valley relied on the foreign take-over bid exemption set out in Section 4.4 of National Instrument 62-104 – Take-Over Bids and Issuer Bids in connection with the OPA. This news release is issued pursuant to National Instrument 62-103 – The Early Warning Systems and Related Take-Over Bids and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions in which the Company is a reporting issuer containing information with respect to the foregoing matters ("Early Warning Report"). The Early Warning Report will be filed and made available under the SEDAR+ profile of Mineros at The head office address of Mineros is Carrera 43A No. 14-109, Piso 6, Edificio Nova Tempo, Medellin, Colombia. Sun Valley is a corporation existing under the laws of Switzerland. The head office address of Sun Valley is Bahnhofplatz 6300, Zug, Switzerland. Dentons Cardenas & Cardenas Abogados S.A.S (Colombia) and Dentons Canada LLP acted as legal advisors to Sun Valley in connection with the Offer. About Sun Valley Sun Valley is a private investment firm focused on the metals and mining industry with portfolio companies and branch offices in the Americas, Europe and Asia. Sun Valley's senior leadership team has several decades of experience in mining and investment companies and combines investment skills across diverse asset classes with hands-on experience at both senior and junior companies in the precious metals mining and refining industry. The firm finances the entire precious metals supply chain: mineral exploration, mine construction, production, processing and refining. View source version on Contacts For further information relating to Sun Valley or to obtain a copy of the Early Warning Report, please contact: Camilo Alvarezemail: calvarez@ phone: +1 281 994 7031 Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
Sun Valley Investments AG Announces the Successful Allocation of the Offer to Purchase Shares of Mineros S.A.
TORONTO, March 19, 2025--(BUSINESS WIRE)--Sun Valley Investments AG ("Sun Valley") today announces the successful allocation of the acceptance period of its previously announced improved public offer to purchase common shares ("Common Shares") of Mineros S.A. ("Mineros" or the "Company", TSX: MSA, CB: MINEROS) by way of an Oferta Pública de Adquisición (the "Improved OPA" or the "Offer") through the facilities of the Colombia Securities Exchange to acquire a minimum of 1 Common Share of the Issuer, representing 0.00000033% of the subscribed, paid, and outstanding Common Shares, and a maximum of 77,931,725 Common Shares of the Company, representing 26% of the subscribed, paid, and outstanding Common Shares at a price per Common Share equal to 5,500 Colombian pesos ("COP") equivalent to approximately CAD $1.92 on the date of the announcement of the improved OPA, payable in cash. According to bulletin No. 053 dated March 19th, 2025, issued by the Colombia Securities Exchange, acceptances to the Offer were received for a total of 118,921,827 Common Shares (exceeding the maximum of Common Shares included in the Offer) of which a total number of 77,931,725 Common Shares are valid acceptances to be allocated to Sun Valley at a price of 5,500 Colombian pesos ("COP") equivalent to approximately CAD $1.92 as of the date of the announcement of the improved OPA. The total aggregate consideration to be paid by Sun Valley for the 77,931,725 Common Shares pursuant to the OPA will be COP 428,624,487,500, equivalent to approximately CAD $149,628,912 as of the date of the announcement of the Improved OPA. Vikram Sodhi, Managing Partner of Sun Valley Investments, stated, "We are pleased to allocate more funds to our successful investment in Mineros SA. The favorable outcome of our latest public tender offer reaffirms our dedication to supporting Mineros' operations in Antioquia, Colombia, Bonanza, Nicaragua and across Latin America. We are committed to continuing the vital environmental and social programs, along with the community engagement initiatives that have contributed to the strong results reported in the Company's 2024 performance. At Sun Valley, we share Mineros' core values and principles. Our objective is to foster sustainable growth and opportunity the largely untapped Colombian and Nicaraguan gold mining sectors, as well as in the wider region." Immediately prior to the OPA, Sun Valley beneficially owned and exercised control over 92,477,823 Common Shares, representing 30.85% of the issued and outstanding Common Shares and upon settlement of the Offer -which is expected to occur on March 25th, 2025- Sun Valley will own and exercise control over 170,409,548 Common Shares representing approximately 56.85% of the issued and outstanding Common Shares as of March 19, 2025. Sun Valley will hold its Common Shares for investment purposes and will evaluate its investment in Mineros on an ongoing basis and may increase or decrease its holdings in Mineros and otherwise engage with the Company in the future, subject to market conditions and other relevant factors. The head office address of Mineros is Carrera 43A No. 14-109, Piso 6, Edificio Nova Tempo, Medellin, Colombia. Sun Valley is a corporation existing under the laws of Switzerland. The head office address of Sun Valley is Bahnhofplatz 6300, Zug, Switzerland. Dentons Cardenas & Cardenas Abogados S.A.S (Colombia) and Dentons Canada LLP acted as legal advisors to Sun Valley in connection with the Offer. About Sun Valley Sun Valley is a private investment firm focused on the metals and mining industry with portfolio companies and branch offices in the Americas, Europe and Asia. Sun Valley's senior leadership team has several decades of experience in mining and investment companies and combines investment skills across diverse asset classes with hands-on experience at both senior and junior companies in the precious metals mining and refining industry. The firm finances the entire precious metals supply chain: mineral exploration, mine construction, production, processing and refining. View source version on Contacts For further information relating to Sun Valley, please contact:Camilo Alvarezemail: calvarez@ phone: +1 281 994 7031 Sign in to access your portfolio
