Trading Symbol: Silvercorp Metals Inc. today wishes to inform its shareholders, and shareholders of OreCorp Limited , that it intends to file a third supplementary bidder statement to indicate that the Company will not waive its 50.1% minimum acceptance condition relating to its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own in exchange for consideration comprising 0.0967 [...]
Trading Symbol: Silvercorp Metals Inc. today announced that its off-market takeover bid for all of the ordinary shares in OreCorp Limited that it does not already own will now close at 7:00pm on March 22, 2024, unless further extended or withdrawn in accordance with the Corporations Act 2001 . The Silvercorp Offer is contained in the replacement bidder's statement issued by Silvercorp and dated January 16, 2024 . Notice [...]
Trading Symbol: Silvercorp Metals Inc. reports its financial and operating results for the three months ended December 31, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q3 FISCAL 2024 Mined 345,273 tonnes of ore, milled 312,500 tonnes of ore, and produced approximately 1,342 ounces of gold, 1.7 million ounces of silver, or approximately 1.8 million ounces of silver [...]
Trading Symbol: Silvercorp Metals Inc. today announced the appointment of Helen Cai to its Board as an independent director. Ms. Cai is a finance and investment professional with over two decades of experience, she is extensively versed in capital markets and all aspects of corporate finance from strategic planning to M&A transactions. Ms. Cai is currently an independent director of Barrick Gold Corporation and Largo [...]
Trading Symbol: Provides Unconditional Approval for Proposed Orecorp Transaction Independent Expert Appointed by Orecorp Concludes That the Silvercorp Offer Is Fair and Reasonable To Orecorp Shareholders, In The Absence Of A Superior Proposal Each Orecorp Director Has Accepted the Silvercorp Offer Silvercorp Metals Inc. today announced the Company received a Merger Clearance Certificate from the Tanzanian Fair Competition [...]
Trading Symbol TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to report assay results from its ongoing diamond drilling program at the TLP mine within the Ying Mining District, China . Highlights High-grade intercepts of Ag mineralization in the Surface Zone : Surface hole ZKTDB0102 intersected 2,186 grams per tonne silver , 6.80% lead , 0.35% zinc , 0.11 g/t gold , and 0.43% copper over a 2.29 metre [...]
Trading Symbol: Silvercorp Metals Inc. today announced that it has received authorization of its supplemental listing application from the NYSE American in connection with Silvercorp's off-market takeover offer for all of the shares of OreCorp Limited not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share , as described in the Company's news [...]
Trading Symbol: Silvercorp Metals Inc. today announced that it has received conditional approval from the Toronto Stock Exchange for the listing of the Silvercorp shares to be issued in connection with Silvercorp's off-market takeover offer for all of the shares of OreCorp Limited not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share , as [...]
Trading Symbol: Silvercorp Metals Inc. reports that the Company will commence dispatching the offer document to the shareholders of OreCorp Limited today in relation to Silvercorp's off-market takeover offer for all of the OreCorp shares not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share , as described in the Company's news release of December [...]
Trading Symbol: Silvercorp Metals Inc. reports production and sales figures for the third quarter ended December 31, 2023 of fiscal year 2024 . The Company expects to release its Q3 Fiscal 2024 unaudited financial results on Thursday, February 8, 2024 after market close. Q3 Fiscal 2024 Operational Results Gold production of 1,342 ounces, an increase of 22% over Q3 Fiscal 2023; Silver equivalent 1 production of [...]
Trading Symbol: TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024. Reporting to the CEO and the President, Mr. Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed [...]
Trading Symbol: Silvercorp offers to acquire all OreCorp Shares it does not already own for A$0.19 cash plus 0.0967 Silvercorp shares per OreCorp Share Off-market takeover offer subject only to a 50.1% minimum acceptance condition Implied value of A$0.5891 per OreCorp share represents a: 40% premium to OreCorp's 20-day VWAP ending August 4, 2023 22% premium to OreCorp's 20-day VWAP ending December 22, 2023 The OreCorp [...]
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