SILVERCORP ANNOUNCES CLOSING OF US$150 MILLION CONVERTIBLE SENIOR NOTES OFFERING
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Silvercorp Metals Inc. has closed a US$150 million convertible senior notes offering, with plans to use the proceeds for mining projects outside China and other developments.
November 25, 2024 | 4:15 pm
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Silvercorp Metals Inc. completed a US$150 million convertible senior notes offering, which will fund mining projects outside China and other developments.
The successful closing of the US$150 million convertible notes offering provides Silvercorp with significant capital to invest in new mining projects outside China, which could lead to growth and expansion opportunities. This is likely to have a positive impact on the stock price in the short term as investors may view the company's expansion plans favorably.
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