Coeur announces acquisition of silvercrest to create leading global silver company

With the addition of the las chispas mine – one of the world's lowest-cost and highest-grade silver/gold operations – the combined company is expected to produce 21 million ounces of silver annually1 with peer leading ebitda and free cash flow chicago , oct. 4, 2024 /prnewswire/ - coeur mining, inc. ("coeur") (nyse: cde) and silvercrest metals inc. ("silvercrest") (tsx: sil; nyse american: silv) announce that they have entered into a definitive agreement (the "agreement") whereby, a wholly-owned subsidiary of coeur will acquire all of the issued and outstanding shares of silvercrest pursuant to a court-approved plan of arrangement (the "transaction"). under the terms of the agreement, silvercrest shareholders will receive 1.6022 coeur common shares for each silvercrest common share (the "exchange ratio").
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