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SVM / Celsius Resources inks deal for acquisition by Silvercorp Metals

Celsius Resources inks deal for acquisition by Silvercorp Metals
Celsius Resources Ltd (ASX:CLA, AIM:CLA) said it has into a non-binding term sheet and a binding subscription agreement which would see Canadian miner Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) acquire all outstanding shares of Celsius at a fixed price of A$0.03 per share. The consideration represents a 76% premium to the 20-day volume-weighted average price of Celsius shares on the ASX. Read More
Posted: May 15 2023, 05:25
Author Name: Proactive Investors
Views: 111586

SVM News  

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