Silvercorp Metals (TSE:SVM) has released an update.
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Silvercorp Metals Inc. has launched a private placement offering of $130 million in convertible senior notes due 2029, with an option for an additional $20 million. The proceeds will primarily fund copper-gold mining projects outside China and other developments. This move is set to attract investors eager to capitalize on Silvercorp’s growth in diverse mining regions.
For further insights into TSE:SVM stock, check out TipRanks’ Stock Analysis page.
