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Silvercorp Metals Secures TSX Conditional Approval For Off-Market Takeover Of OreCorp

Author: Benzinga Newsdesk | January 25, 2024 03:00am

Silvercorp Metals  announced that it has received conditional approval from the Toronto Stock Exchange (the "TSX") for the listing of the Silvercorp shares to be issued in connection with Silvercorp's off-market takeover offer (the "Silvercorp Offer") for all of the shares of OreCorp Limited ("OreCorp") not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share (the "Transaction"), as described in the Company's news release of December 26, 2023.

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