- Silvercorp has a stated mandate to grow through acquisitions.
- The company’s profitable operations in China are complemented by construction and development stage projects in Ecuador.
- Recent financial results show rising revenue and cash flow, giving management a strong foundation for future strategic moves.
- Silvercorp renewed its base shelf prospectus in Canada and the U.S., after the previous one expired, qualifying up to US$400 million in securities over 25 months, positioning the company with flexibility to issue shares, debt, warrants, or units, based upon market conditions.
Silvercorp Metals (NYSE American/TSX: SVM), a Canadian mining company producing silver, gold, lead, and zinc, has filed a base shelf prospectus with Canadian regulators and a corresponding registration statement with the U.S. Securities and Exchange Commission. The filings, effective for 25 months, qualify Silvercorp to raise up to US$400 million in securities, with flexibility depending upon market conditions (https://ibn.fm/gPj6p).
The new shelf prospectus signals a clear intent to maintain readiness. Speaking with management, the company has expressed interest in acquisitions to further drive growth and diversification, and the…
NOTE TO INVESTORS: The latest news and updates relating to SVM are available in the company’s newsroom at https://ibn.fm/SVM
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