VANCOUVER, BC, Jan. 24, 2024 /CNW/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) today 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.
Final TSX approval is subject to the Company meeting certain customary conditions required by the TSX.
The Company further notes that it has submitted all requested documents to the NYSE American (“NYSE-A”) and conditional approval from the NYSE-A is expected shortly. Once the conditional approval from the NYSE-A…
