Silvercorp Metals Closes $150 Million Notes Offering

Silvercorp Metals (TSE:SVM) has released an update.

Silvercorp Metals has successfully closed a $150 million private placement of convertible senior notes, aimed at funding copper-gold mining projects outside China and other ventures. The Canadian mining company focuses on silver, gold, lead, and zinc production, with assets in China and development projects in Ecuador.

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