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Coeur Mining Expands Board and Prepares for SilverCrest Arrangement

Story Highlights
  • Coeur Mining appointed N. Eric Fier and Pierre Beaudoin to its board, expanding it to ten members.
  • Stockholders approved increasing authorized shares, aiding Coeur’s arrangement with SilverCrest.
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Coeur Mining Expands Board and Prepares for SilverCrest Arrangement

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Coeur Mining ( (CDE) ) has issued an update.

On February 6, 2025, Coeur Mining announced the election of N. Eric Fier and Pierre Beaudoin to its board of directors, expanding the board from eight to ten members. Both appointees bring extensive international mining experience, with Mr. Fier having a background in geology and engineering and Mr. Beaudoin in mineral processing. The special stockholders’ meeting held on the same day approved proposals to increase authorized shares and to issue shares to SilverCrest shareholders, facilitating the anticipated closing of an arrangement with SilverCrest around February 14, 2025. These actions reinforce Coeur’s strategic positioning in the mining sector and aim to enhance its operational capabilities and shareholder value.

More about Coeur Mining

Coeur Mining is a company operating in the mining industry, focusing on the exploration, acquisition, development, and production of mineral resources. Their market focus includes operations in regions such as Guyana, Chile, Brazil, Central America, Mexico, and Peru.

YTD Price Performance: 12.10%

Average Trading Volume: 10,458,205

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.78B

See more insights into CDE stock on TipRanks’ Stock Analysis page.

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