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Silvercorp Metals Inc. to acquire Adventus Mining Corporation, creating a globally diversified mining company

Apr 26, 2024•over 1 year ago

Acquiring Company

Silvercorp Metals

Acquired Company

Adventus Mining Corporation

VancouverTorontoMineralMiningMineralPrecious MetalsMining

Description

Silvercorp Metals Inc. has entered into a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Adventus Mining Corporation. This acquisition will create a globally diversified green metals producer and unlock value by constructing the El Domo project. The combined company is committed to sustainable economic, social, and environmental value for all stakeholders.

Company Information

Company

Silvercorp Metals

Location

Vancouver, British Columbia, Canada

About

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by focusing on generating free cashflow from long life mines, organic growth through extensive drilling for discovery, ongoing merger and acquisition efforts, and long term commitment to responsible mining and ESG.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed