Articles Tagged "klondex"

SilverCorp Metals commenced offer to acquire all outstanding shares of Klondex

Silvercorp Metals Inc. declared that it has formally commenced its offer to acquire all of the outstanding common shares of Klondex Mines Ltd. Silvercorp will today deliver to Klondex’s principal office and file with the Canadian securities regulators and with the SEC its formal offer and take-over bid circular. For full story, click here

Silver Market Movers

By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices are suffering in the short-term under pressure from a rebounding dollar and recently diminishing fears over the severity of the economic crisis.  Following gold‘s lead, the price of silver dropped 2.5 per cent to close at $14.89 an ounce Monday. The dollar’s continuing gains against [...]

SiverCorp. Metals has offered $70 mln for Klondex

Vancouver-based Silvercorp Metals has planned to make an unsolicited all-share offer for TSX-listed Klondex Mines, valuing the exploration company at around C$70-million on a fully diluted basis. Silvercorp CEO Rui Feng stated: We view Fire Creek as an attractive complement to our growth pipeline given its size, existing resource and the additional resource potential we [...]