Silvercorp Metals to acquire Adventus Mining Corporation for C$200m

Silvercorp Metals to acquire Adventus Mining Corporation for C$200m

Silvercorp Metals Inc. (TSX: SVM, NYSE American: SVM) has announced a definitive arrangement agreement to acquire all issued and outstanding common shares of Adventus Mining Corporation (TSXV: ADZN, OTCQX: ADVZF) in a transaction valued at approximately C$200 million on a fully-diluted in-the-money basis. Under the terms of the agreement, Adventus shareholders will receive 0.1015 of […]

Shareholders greenlight Adventus Mining’s acquisition of Luminex Resources

Shareholders greenlight Adventus Mining’s acquisition of Luminex Resources

In a significant move in the mining industry, Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) shareholders and optionholders have voted overwhelmingly in favor of the acquisition by Adventus Mining Corporation. This decision came during a special meeting of securityholders, marking a pivotal moment for both entities. Deal Overview and Shareholder Support The arrangement, announced in […]