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Market:

SILVERCORP TO ACQUIRE ORECORP, CREATING A DIVERSIFIED, HIGH GROWTH PRECIOUS METALS COMPANY

PR Newswire - Press Release

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Trading Symbols:  

TSX/NYSE AMERICAN: SVM

ASX: ORR

VANCOUVER, BC and PERTH, Australia, Aug. 6, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp") (TSX:SVM.TO) (NYSEAmerican:SVM) and OreCorp Limited (ASX:ORR) ("OreCorp") are pleased to announce the signing of a binding scheme implementation deed (the "Agreement") whereby Silvercorp will acquire all fully-paid ordinary shares of OreCorp not held by Silvercorp or its associates (the "OreCorp Shares"), pursuant to an Australian scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) (the "Scheme"), subject to the satisfaction of various conditions.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
SVM 8.65 +0.19 +2.25%
Silvercorp Metals Inc
SVM.TO 12.00 +0.33 +2.83%
Silvercorp Metals Inc
ORR 33.85 +0.24 +0.71%
Militia Long/Short Equity ETF

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