Negocios y Representaciones S.A.S. Announces Launch of Competing Offer to Purchase of Shares of Mineros S.A.

TORONTO, Feb. 28, 2025 /CNW/ - Negocios y Representaciones S.A.S. ("Negocios y Representaciones") today announces the commencement of a competing public tender offer to acquire common shares ("Common Shares") of Mineros S.A. ("Mineros" or the "Company",) (TSX:MSA.TO), (CB:MINEROS) by way of an Oferta Pública de Adquisición Competidora (the "OPAC" or the "Competing Offer") through the facilities of the Colombia Securities Exchange at a price per Common Share equal to 4,835 Colombian pesos ("COP"), equivalent to approximately CAD $1.69 as of the date of this news release, payable in cash. The price per Common Share of the Competing Offer exceeds the price of the public tender offer commenced by Sun Valley Investments AG on February 14, 2025 by approximately 5.11% or COP 235, equivalent to approximately CAD $0.082 as of the date of this news release.