SilverCrest股东批准Coeur Mining收购

SilverCrest Metals (SILV) said its shareholders easily approved the company's acquisition by Coeur Mining (NYSE:CDE) at a special meeting on Thursday; the takeover is now expected to close by February 14.

The vote followed the deal's approval earlier this week by Mexico's antitrust regulator, the Comisión Federal de Competencia Económica.

Coeur (NYSE:CDE) announced in October its agreement to acquire SilverCrest (SILV) in an all-stock deal valued at ~$1.7B; the deal's biggest prize is the Las Chispas underground mine in Mexico, one of the world's highest-grade, lowest cost, and highest-margin silver and gold operations.

Combined with growing production from its recently expanded Rochester mine in Nevada and its Palmarejo underground mine in Mexico, Coeur (CDE) expects the addition of Las Chispas will generate 2025 silver production of ~21M oz from five North American operations.