CMC Metals Ltd. Options the Silverknife Property to Coeur Mining, Inc.
Coeur Mining, Inc. (CDE)
Last coeur mining, inc. earnings: 4/22 04:30 pm
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Source: GlobeNewswire
VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5P) (“CMC” or the “Company”) is pleased to report that it has entered into an option agreement (“Agreement”) with Coeur Silvertip Holdings, Ltd. (“Coeur”), a subsidiary of Coeur Mining, Inc. (NYSE: CDE) on its Silverknife Property (“Property”) in north-central British Columbia. The Agreement paves the way forward for Coeur to undertake a significant, multi-year exploration program on the Property. The Agreement provides Coeur with the ability to earn a 75% interest in the Property, following which Coeur has a right to either purchase the property or enter a Joint Venture arrangement with CMC. The total commitments to earn 75% amount to $4,050,000 in the aggregate, of which $500,000 Cdn is cash payments to CMC and $3,550,000 Cdn is exploration expenditures. Purchase of the remaining 25% interest would require an additional buyout payment that would take the aggregate commitment
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News
- Coeur Mining, Inc. (CDE): A Top Silver Mining Stock to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- CMC Metals Ltd. Options the Silverknife Property to Coeur Mining, Inc. [Canadian Business Journal (Canada)]Canadian Business Journal
- $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Coeur Mining, Inc. – CDEGlobeNewswire
- Buying the Best Top-Ranked Stocks in November [Yahoo! Finance]Yahoo! Finance
- Earnings Beat: Here's What Coeur Mining, Inc. (NYSE:CDE) Analysts Are Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
CDE
Earnings
- 11/6/24 - Beat
CDE
Sec Filings
- 11/14/24 - Form PREM14A
- 11/13/24 - Form DEFA14A
- 11/6/24 - Form 10-Q
- CDE's page on the SEC website