2024-03-01 | TSX:SVM | Press Release

Date:

Trading Symbol: TSX: SVM

NYSE AMERICAN: SVM

VANCOUVER, BC, March 1, 2024 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company“) (TSX: SVM) (NYSE American: SVM) today announced that its off-market takeover bid for all of the ordinary shares in OreCorp Limited (“OreCorp“) (ASX:ORR) that it does not already own (“Silvercorp Offer“) will now close at 7:00pm (Sydney time) on March 22, 2024, unless further extended or withdrawn in accordance with the Corporations Act 2001 (Cth) (“Corporations Act“). The Silvercorp Offer is contained in the replacement bidder’s statement issued by Silvercorp and dated January 16, 2024 (as supplemented on February 2, 2024) (“Bidder’s Statement“).

Notice was lodged with the Australian Securities and Investments Commission and given to OreCorp today and will be given to each person as required by the Corporations Act.

Silvercorp further notes that, as at the time of this announcement, Perseus…

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