Silvercorp Metals (TSE:SVM) has released an update.
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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.
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