CDE to Create Leading Global Silver Company With SilverCrest Buyout
Coeur Mining(CDE) ZACKS·2024-10-07 16:20
Coeur Mining, Inc. (CDE) announced that it signed a definitive agreement to acquire all issued and outstanding shares of SilverCrest Metals Inc. (SILV) . The transaction is expected to create a leading global silver company, with 2025 silver production of 21 million ounces. Details of Coeur-SilverCrest Deal According to the deal, SilverCrest stockholders would receive 1.6022 Coeur common shares per share valued at $11.34 based on Coeur's Oct. 3, 2024 closing price. The transaction values SilverCrest at $1.7 ...