- Silvercorp Metals (TSX:SVM) has closed its C$200 million acquisition of Adventus Mining (TSXV:ADZN), an Ecuador-focused copper-gold exploration and development company
- A feasibility study at Adventus’ El Domo deposit estimates a 10-year mine life averaging 10,463 tons per year (tpy) of copper and 21,390 tpy copper equivalent over the period
- Silvercorp is a Canadian mining company with ample growth potential and a long history of profitability producing silver, gold, lead and zinc in China
- Silvercorp Metals stock has added 25 per cent year-over-year and 19.39 per cent since 2019
Silvercorp Metals (TSX:SVM) has closed its C$200 million acquisition of Adventus Mining (TSXV:ADZN), an Ecuador-focused copper-gold exploration and development company.
The previously announced acquisition will see Adventus investors receive 0.1015 Silvercorp common shares for each Adventus share held, representing a…
