Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals Inc. has successfully completed the acquisition of all outstanding common shares of Adventus Mining Corporation, with the transaction resulting in Adventus shareholders receiving a proportion of Silvercorp shares. The acquisition will see Adventus delisted from the TSX Venture Exchange and its reporting obligations ceased, while Adventus’ leadership transitions to consultancy roles post-closure.
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