RE:RE:A kink in the negotiations or, Silvercorp advised Adventus that the litigation described in the Company's June 17, 2024 release represented an unmet condition to closing.
The Company's June 17, 2024 press release described a constitutional protective action filed against Ministry of Environment, Water, and Ecological Transition of Ecuador and the office of the Attorney General of Ecuador, challenging an environmental license issued to the Company's Ecuadorian subsidiary, Curimining S.A. ("Curimining"). Curimining was named as an interested third party in the constitutional protective action.