Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals Inc. has announced a definitive agreement to acquire all shares of Adventus Mining Corporation, leveraging a 31% premium and expanding its portfolio with the advanced El Domo project in Ecuador. The acquisition promises enhanced production profiles, geographically diversified operations, and a robust financial position to fully fund the El Domo project. The combined entity aims to create a globally diversified green metals producer, focusing on sustainable economic, social, and environmental value.
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