SILV

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.

Voting Reminder: SilverCrest Metals Inc. is reminding securityholders to vote on the proposed arrangement with Coeur Mining, Inc. at a special meeting scheduled for February 6, 2025, with a proxy voting deadline of February 4, 2025.

Board Recommendation: The Board of Directors unanimously recommends that shareholders and optionholders vote "FOR" the Arrangement, emphasizing the importance of participation in the decision-making process.

Gold Prices Surge: Gold has reached a new all-time high of over $2,790, driven by central bank actions and increased demand for safe-haven assets amid speculation of lower borrowing costs and potential U.S. tariffs.

Central Banks' Influence: Major central banks, including the Federal Reserve and Bank of Canada, are easing monetary policies, which is leading to a rush among central banks to buy gold, causing delays in withdrawals from the Bank of England.