SilverCrest Metals Receives Court Approval for Arrangement with Coeur Mining
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2025
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Source: Yahoo Finance
Court Approval for Acquisition: SilverCrest Metals Inc. has received final court approval from the Supreme Court of British Columbia for its arrangement with Coeur Mining, Inc., where Coeur will acquire all outstanding shares of SilverCrest, offering shareholders 1.6022 shares of Coeur common stock for each SilverCrest share held.
Expected Closing and De-listing: The arrangement is anticipated to close around February 14, 2025, after which SilverCrest shares will be de-listed from the Toronto Stock Exchange and NYSE American, and the company plans to cease being a reporting issuer under Canadian securities laws.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
