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Silvercorp Metals Inc. SVM


Primary Symbol: T.SVM

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.


TSX:SVM - Post by User

Post by Betteryear2on Nov 23, 2023 8:25am
476 Views
Post# 35749743

Silvercorp and OreCorp Enter into Amending Agreement

Silvercorp and OreCorp Enter into Amending AgreementVANCOUVER, BCNov. 23, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) announces that it has entered into an amendment (the "Amending Deed") to the binding scheme implementation deed dated August 5, 2023 (the "Agreement") entered into previously with OreCorp Limited (ASX: ORR) ("OreCorp"), whereby Silvercorp agreed to acquire all fully-paid ordinary shares of OreCorp (the "Transaction") not held by Silvercorp or its associates (the "OreCorp Shares"), pursuant to an Australian scheme of arrangement (the "Scheme").

Silvercorp and OreCorp Enter into Amending Agreement (prnewswire.com)
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