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Stock impact report

Silvercorp accepts Perseus's offer for OreCorp [Financial Post (Toronto, Ontario, Canada)]

Silvercorp Metals Inc. Common Shares (SVM) 
US:NYSE Investor Relations: silvercorpmetals.com/investors
Company Research Source: Financial Post
Perth, April 10, 2024 (GLOBE NEWSWIRE) — SILVERCORP ACCEPTS THE PERSEUS OFFER FOR ORECORP Perth, Western Australia/April 10, 204/ Perseus Mining Limited (ASX/TSX: PRU) ( Perseus or PRU ) refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited (ASX: ORR) ( OreCorp or ORR Offer Article content Perseus is pleased to announce that Silvercorp Metals Inc ( Silvercorp ) has accepted the Perseus Offer. Silvercorp's acceptance was for a total of 73,889,007 OreCorp Shares (representing 15.61% of OreCorp Shares on issue). As at April 9, 2024, Perseus has a relevant interest in 354,982,123 OreCorp Shares (representing 74.98% of OreCorp Shares on issue). Article content The Perseus Offer is open until April 19, 2024 (unless extended). Perseus wants to reiterate that the Offer is: unconditional ; and best and final in the absence of a competing proposal. OreCorp Shareholders s Show less Read more
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