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The net proceeds will be used for the exploration and development of the Santa Ana Project, working capital and general corporate purposes.
Silvercorp announced its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own will close on March 22, 2024...
In 2023, the Carangas Project announced its maiden resource estimate of 670 Million Silver Equivalent Ounces, indicated + inferred.
What Does a World-Class Discovery Look Like?
The company sold approximately 1,342 ounces of gold, 1.7 million ounces of silver, 16.2 million pounds of lead, and 7.3 million pounds of zinc, for revenue of $58.5 million.
The interview, conducted by Coreena Robertson on The Watchlist, featured Lon Shaver, President of Silvercorp Metals, discussing the differences between Silvercorp's offer for OreCorp and Perseus's hostile bid.
My analysis clearly shows just how successful this phase of Silvercorp’s exploration drilling has been in defining areas of high-grade mineralisation at the TLP Mine for mining in the future.
I speak with the President and CEO of Outcrop Silver & Gold, Ian Harris about the large physical silver deficit in the silver markets along with the plans for the company in 2024.
Silvercorp's CEO Feng stated Helen has expertise in capital markets, strategic planning, and M&A. "We look forward to her valuable contributions in our ongoing merger and acquisition efforts to unlock value for our shareholders."
The company has increased the size of its previously announced non-brokered private placement from aggregate gross proceeds of up to $2,500,000 to up to $3,500,000 to the Company, for $0.75 per unit.
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FCC provides unconditional approval for the proposed Orecorp transaction. The FCC approval represents the sole Tanzanian regulatory requirement needed to complete the Transaction.