Silvercorp Metals (TSE:SVM) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Silvercorp Metals has launched a private placement offering of $130 million in convertible senior notes due 2029. These notes, which may be converted into cash, common shares, or a combination of both, will help finance copper-gold mining projects outside of China. The offering is subject to customary closing conditions.
For further insights into TSE:SVM stock, check out TipRanks’ Stock Analysis page.