Articles Tagged "silvercorp"

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 [...]

SilverCorp closed $31mln financing

Silvercorp Metals Inc. reported that it has closed its previously announced bought deal offering of common shares. Pursuant to the Offering, the Company today issued 10,000,000 common shares at a price of CAD$3.10 per share, for aggregate gross proceeds of CAD$31,000,000 and net proceeds, after payment of underwriting fees and expenses, of CAD$29,235,000. For full [...]

Silvercorp to pay CAD$0.02 dividend on October 21, 2008

Silvercorp Metals reports updates its corporate activities and events. Payment of Quarterly Dividend of CAD$0.02 – October 21, 2008 Silvercorp’s first quarterly dividend of CAD$0.02 per share will be paid on October 21, 2008, to shareholders of record at the close of business on September 30, 2008. This is the first quarterly dividend payment of a [...]

Silver stocks trashed with metal price more volatile than gold

Mineweb(Editorial) reports a list of 43 miners, developers and explorers of silver have seen silver bullion falling down by 40% in price. Dollar silver bullion prices are now 40% from highs, seen in early March this year, compared to a 23% fall in gold bullion prices. The average listed silver stock – led by well known names [...]