Silvercorp Metals to Acquire Guyana Goldfields Creating a Diversified Precious Metals Producer
Silvercorp Metals Inc. Common Shares (SVM)
US:NYSE Investor Relations:
silvercorpmetals.com/investors
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia and TORONTO, April 27, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp”) (TSX/NYSE American: SVM) and Guyana Goldfields Inc. (TSX: GUY) (“Guyana Goldfields”) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) whereby Silvercorp will acquire all of the issued and outstanding shares of Guyana Goldfields by way of a plan of arrangement under the Canada Business Corporations Act (the “Transaction”). The Transaction will create a diversified precious metals producer with two profitable underground silver mining operations in China and a gold mining operation in Guyana with a strong balance sheet to fund growth opportunities. Under the terms of the Transaction, each holder of Guyana Goldfields shares will have the option to receive, for each Guyana Goldfields share held, C$0.60 in cash or 0.1195 of a Silvercorp common share (valued at C$0.60 based on the volume weighted average price for Silver
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- Is Metals Acquisition Ltd (MTAL) Outperforming Other Basic Materials Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Silvercorp Metals (SVM) Stock? [Yahoo! Finance]Yahoo! Finance
- Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per Share [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per SharePR Newswire
SVM
Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- 11/8/24 - Form 6-K
- SVM's page on the SEC website