Silvercorp Metals Inc. to acquire Adventus Mining Corporation, creating a globally diversified mining company
Acquiring Company
Silvercorp Metals
Acquired Company
Adventus Mining Corporation
VancouverTorontoMiningMineralMiningPrecious MetalsMineralDescription
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.
Quick answer
Silvercorp Metals is acquiring Adventus Mining Corporation, announced April 26, 2024. Silvercorp Metals is based in Vancouver, British Columbia, Canada.
- How much did Silvercorp Metals pay for Adventus Mining Corporation?
- The deal value was not disclosed.
- What does Silvercorp Metals do?
- Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential.
- Where are Silvercorp Metals and Adventus Mining Corporation based?
- Silvercorp Metals is based in Vancouver, British Columbia, Canada. Adventus Mining Corporation is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
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Frequently asked
Who acquired Adventus Mining Corporation?
Adventus Mining Corporation was acquired by Silvercorp Metals, based in Vancouver. The deal was reported on April 26, 2024. Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. Silvercorp Metals is publicly traded (SVM) and operates in Mining.
When did Silvercorp Metals acquire Adventus Mining Corporation?
Silvercorp Metals's acquisition of Adventus Mining Corporation was reported on April 26, 2024. Silvercorp Metals Inc. has entered into a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Adventus Mining Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Adventus Mining Corporation do?
Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and development company. Adventus is majority owner of the 215 sq. It is privately held, operating in Mining, and is based in Toronto.
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