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SILVERCORP ANNOUNCES NON-BINDING TERM SHEET FOR PROPOSED ACQUISITION OF CELSIUS RESOURCES LIMITED
SILVERCORP ANNOUNCES NON-BINDING TERM SHEET FOR PROPOSED ACQUISITION OF CELSIUS RESOURCES LIMITED...
About this update from Silvercorp Metals Inc.
[{"type":"text","content":"\n \n \n \n SILVERCORP ANNOUNCES NON-BINDING TERM SHEET FOR PROPOSED ACQUISITION OF CELSIUS RESOURCES LIMITED\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 3PT double; BORDER-LEFT:black 1pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnml10{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.83em !IMPORTANT\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Trading Symbol:\n \n \n \n \n \n \n \n \n TSX:\n \n \n SVM\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NYSE AMERICAN: SVM\n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 15, 2023\n \n \n /CNW/ -\n \n Silvercorp Metals Inc.\n \n (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) is pleased to announce that it has signed a non-binding term sheet (the \"\n \n Term Sheet\n \n \") with Celsius Resources Limited (\"\n \n Celsius\n \n \") (ASX/AIM: CLA) regarding a proposed transaction (the \"\n \n Proposed Transaction\n \n \") pursuant to which Silvercorp will acquire all of the issued and outstanding shares of Celsius.  The addition of Celsius' advanced-stage Maalinao-Caigutan-Biyog copper-g...