Coeur Mining acquires SilverCrest Metals in $1.7bn stock deal to form leading global silver producer.

Coeur Mining Inc. will acquire SilverCrest Metals Inc. in an all-stock deal valued at $1.7 billion, aimed at creating a leading global silver producer. Shareholders of SilverCrest will receive 1.6022 shares of Coeur for each SilverCrest share. The combined entity is projected to produce 21 million ounces of silver and 432,000 ounces of gold annually by 2025, with significant EBITDA and free cash flow expected, enhancing Coeur's financial standing.

October 04, 2024
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