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Silvercorp Metals to Acquire Adventus Mining; Comes After Silvercorp Failed to Land Orecorp

Silvercorp Metals on Friday said it will acquire Adventus Mining in a deal with an implied equity value of about $200 million.
Each Adventus share can be redeemed for 0.1015 of one Silvercorp. ....

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Raymond James Boosts Silvercorp Metals (TSE:SVM) Price Target to C$7.00

Silvercorp Metals (TSE:SVM – Free Report) had its price objective lifted by Raymond James from C$5.50 to C$7.00 in a report published on Tuesday morning, BayStreet.CA reports. Raymond James also issued estimates for Silvercorp Metals’ FY2024 earnings at $0.26 EPS. SVM has been the topic of a number of other reports. Canaccord Genuity Group upped […] ....

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Silvercorp To Acquire Adventus - Quick Facts

Silvercorp Metals Inc. (SVM.TO) and Adventus Mining Corporation have entered into a definitive arrangement agreement pursuant to which Silvercorp has agreed to acquire all of the issued and outstanding common shares of Adventus by way of a plan of arrangement. ....

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