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SilverCrest Metals Receives Final Court Approval for Acquisition by Coeur Mining

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SilverCrest Metals Receives Final Court Approval for Acquisition by Coeur Mining

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The latest announcement is out from SilverCrest Metals ( (TSE:SIL) ).

SilverCrest Metals has received court approval for its arrangement with Coeur Mining, in which Coeur will acquire all outstanding SilverCrest shares. The transaction is expected to close by February 14, 2025, resulting in SilverCrest shares being delisted from the Toronto Stock Exchange and the NYSE American, with further plans to cease being a reporting issuer under Canadian and U.S. securities laws.

More about SilverCrest Metals

SilverCrest Metals is a Canadian precious metals producer headquartered in Vancouver, BC, primarily focusing on its Las Chispas Operation in Sonora, Mexico. The company aims to expand its asset base by developing high-value precious metals projects and operating multiple silver-gold mines in the Americas.

YTD Price Performance: 14.88%

Average Trading Volume: 1,861,614

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.65B

Learn more about SIL stock on TipRanks’ Stock Analysis page.

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