On 07.10.2024, the Board of Directors` decision regarding the investment in Gübretaş Maden Yatırımları A.Ş. Söğüt Gold Mine was announced on the Public Disclosure Platform (KAP).
In this context, a contract was signed today with Metso Finland Oy and Metso Mining Technologies Inc. for the lump sum turnkey project of Phase 2 concentrate production plant, which includes the basic and detailed engineering works, all equipment, structural steel, pipes, electrical materials, and automation equipment, as well as site equipment supervision and operator training.
The value of contract is 70,000,000 Euros excluding tax and transportation, 30% will be paid in advance and the remaining part will be paid in parts until the plant commissioning.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.