Coeur completes acquisition of SilverCrest
NYSE-listed Coeur Mining said on Friday that it had completed the acquisition of SilverCrest Metals.
Under the terms of the transaction, Coeur acquired all of the issued and outstanding common shares of SilverCrest, with SilverCrest shareholders receiving 1.6022 Coeur common shares for each SilverCrest common share. Coeur issued 239 331 799 shares in the transaction.
Coeur stated that it would announce its 2025 production and cost guidance when it released its fourth-quarter and full-year 2024 operational and financial results on Wednesday.
Coeur in October announced the acquisition of SilverCrest, creating a 21-million-ounce-per-year silver powerhouse.
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