Silver Stocks Charts, News, Reports and Quotes
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.
FCC provides unconditional approval for the proposed Orecorp transaction. The FCC approval represents the sole Tanzanian regulatory requirement needed to complete the Transaction.
The company is pleased to announce a non-brokered private placement offering of units of the Company at a price of $0.75 per Unit for aggregate gross proceeds of up to $2,500,000.
Andrew Williams, President and CEO, states: With our balance sheet recently bolstered by a C$35 million financing, New Pacific has a strong growth foundation in a world with an increasing demand for silver."
From June 16 to December 31, 2023, a total of 23,742 m in 180 diamond drill holes, including 157 underground holes and 23 surface holes, were completed at the TLP mine.
The trading activity of January 29, 2024, may be related to the disposition of shares by a Silver ETF, which filed a prospectus indicating that as of January 29th, 2024, they were no longer following the Prime Junior Miners Silver Index.
Silvercorp will now proceed with issuing a notice in accordance with the Australian Corporations Act that the "Stock Exchange Approvals" condition to the Silvercorp Offer has been satisfied.
CEO James McDonald states: "In the M+I category silver only grade increases from 86 gpt to 102 gpt and contained ounces increase from 51.47 Moz to 51.57 Moz."
The Silvercorp Offer provides OreCorp shareholders with the opportunity to be exposed to enhanced trading liquidity, re-rating potential and participation in further upside from the Nyanzaga project and Silvercorp's existing portfolio.
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