Net Smelter Return Agreement Signed between Kenz Madencilik and Polimetal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2025
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Source: PRnewswire
ACG Metals' NSR Royalty Agreement: ACG Metals Limited's subsidiary, Polimetal, has secured a 2% Net Smelter Return royalty over a mining license in Niğde Province, Türkiye, originating from a 2012 agreement with Kenz Madencilik.
Future Cash Flow and Exploration Focus: The NSR agreement allows Polimetal to receive 2% of gross revenues from mineral sales, providing ACG with future cash flow without direct investment, while the license area is currently under exploration for precious metals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
