Silvercorp Metals and Salazar Resources are pleased to announce that the Ministry of Energy and Mines of the Government of Ecuador has issued a Resolution of Change of Phase for the El Domo-Curipamba Project. The Resolution of Change of Phase advances the legal status of the Project from the Economic Evaluation Phase to the Exploitation Phase and allows for the start of construction and subsequent operation of the mine [...]
Silvercorp Metals and Adventus Mining are pleased to announce, further to the news releases of Silvercorp and Adventus dated April 26, 2024 and July 31, 2024, the completion of Silvercorp's previously announced acquisition of all of the outstanding common shares of Adventus effective as of 12:01 a.m. today by way of a statutory plan of arrangement under the provisions of the Canada Business Corporations Act. Under the [...]
Silvercorp Metals is pleased to announce that it will proceed to close the acquisition of Adventus Mining pursuant to the arrangement agreement under which the Company agreed to acquire all of the issued and outstanding common shares of Adventus by way of a plan of arrangement as announced on April 26, 2024. On July 5, 2024, Silvercorp announced it considered the litigation referred to in the Adventus news release of June [...]
Silvercorp Metals reports production and sales figures for the first quarter ended June 30, 2024 of fiscal 2025. The Company expects to release its Q1 Fiscal 2025 audited financial results on Tuesday, August 13, 2024, after market close. Q1 Fiscal 2025 Operational Results Record revenue of approximately $72.0 million, an increase of 20% over the same quarter last year Ore mined of 341,927 tonnes, up 13% over Q1 Fiscal [...]
Silvercorp Metals provided an update regarding its proposed acquisition of Adventus Mining. As announced in the Company's April 26, 2024 news release, the Company has entered into an arrangement agreement with Adventus pursuant to which the Company agreed to acquire all of the issued and outstanding common shares of Adventus by way of a plan of arrangement, subject to the satisfaction of certain conditions. One of those [...]
Silvercorp Metals is pleased to announce that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on June 7, 2024, with a payment date of the dividend scheduled on or before June 27, 2024. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at the discretion [...]
Silvercorp Metals reported its financial and operating results for the three months and twelve months ended March 31, 2024 HIGHLIGHTS FOR Q4 FISCAL 2024 Mined 195,160 tonnes of ore, milled 237,493 tonnes of ore, and produced approximately 1,916 ounces of gold, 1.2 million oz of silver, or approximately 1.3 million oz of silver equivalent, plus 12.5 million pounds of lead and 4.6 million pounds of zinc; Sold approximately [...]
Adventus Mining and Silvercorp Metals are pleased to announce that Adventus has closed its previously announced private placement of 67,441,217 common shares of Adventus at an issue price of C$0.38 per Common Share to Silvercorp for aggregate gross proceeds to Adventus of C$25,627,662. As previously announced on April 26, 2024, the Placement was completed in conjunction with the proposed acquisition by Silvercorp of all [...]
Silvercorp Metals and Adventus Mining are pleased to announce that the parties have entered into a definitive arrangement agreement pursuant to which Silvercorp has agreed to acquire all of the issued and outstanding common shares of Adventus by way of a plan of arrangement. Under the terms of the Arrangement Agreement, each holder of the common shares of Adventus will receive 0.1015 of one Silvercorp common share in [...]
Trading Symbol: Silvercorp Metals Inc. reports production and sales figures for the fourth quarter and fiscal year ended March 31, 2024 and the production and cost guidance for the 2025 fiscal year ending March 31, 2025 . The Company expects to release its Fiscal 2024 audited financial results on Thursday, May 23, 2024 after market close. Q4 Fiscal 2024 Operational Results Gold production of 1,916 ounces, up 92% over the [...]
Trading Symbol: Silvercorp Metals Inc. announced today that, further to its off-market takeover bid for all of the ordinary shares in OreCorp Limited , Silvercorp did not satisfy the 50.1% minimum acceptance condition prior to the close of the Offer on March 22, 2024 and elected not to exercise its "right to match" a competing offer for OreCorp. Silvercorp will remain entitled to payment of a break fee of approximately [...]
Trading Symbol: Silvercorp Metals Inc. reminds its shareholders, and shareholders of OreCorp Limited , that its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own will close at 7:00pm on March 22, 2024. Silvercorp notes that as of market close on Thursday March 14, 2024 the Silvercorp Offer has an implied value of A$0.60 per OreCorp share1. This represents a 9% premium to the [...]
+70,59 %
-31,25 %
