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NevGold pushes beyond Limo Butte resource•Heritage drills six-metre gold zone at Melba•Salazar discovers ‘high-grade’ tungsten at Pijili Project•Aguia aligned with newly approved government-backed fertiliser incentive•US Department of Energy injects $13.9 million into critical minerals•Queensland legislation backs critical minerals exploration•DevEx follows Nabarlek-style clues at KP•Alurion drills towards Amargosa Prefeasibility Study•Moonlight hits broad copper zones at Peak Downs•Legal battle heats up for major iron ore miner Fortescue•Lithium Universe recovers gallium and platinum from e-waste•Rokeby reports maiden tailings resource at Omeo•Critical Resources links up with CSIRO for battery technology•Barkly advances 10,000m drilling at flagship project•Antilles Gold signs binding deal for Cuban sanction relief•Renegade expands loan facility to $2 million•US Army’s Janus Program puts spotlight on uranium supply•Mithril extends Copalquin silver-gold corridor to 550m•Felix Gold produces antimony metal from pilot plant•Strategic Energy tests two Canobie targets NevGold pushes beyond Limo Butte resource•Heritage drills six-metre gold zone at Melba•Salazar discovers ‘high-grade’ tungsten at Pijili Project•Aguia aligned with newly approved government-backed fertiliser incentive•US Department of Energy injects $13.9 million into critical minerals•Queensland legislation backs critical minerals exploration•DevEx follows Nabarlek-style clues at KP•Alurion drills towards Amargosa Prefeasibility Study•Moonlight hits broad copper zones at Peak Downs•Legal battle heats up for major iron ore miner Fortescue•Lithium Universe recovers gallium and platinum from e-waste•Rokeby reports maiden tailings resource at Omeo•Critical Resources links up with CSIRO for battery technology•Barkly advances 10,000m drilling at flagship project•Antilles Gold signs binding deal for Cuban sanction relief•Renegade expands loan facility to $2 million•US Army’s Janus Program puts spotlight on uranium supply•Mithril extends Copalquin silver-gold corridor to 550m•Felix Gold produces antimony metal from pilot plant•Strategic Energy tests two Canobie targets
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  • Silvercorp Metals talks takeovers, transactions, and tenements
22 February 2024
WRITTEN BY Mining.com.au Staff Writers

Silvercorp Metals talks takeovers, transactions, and tenements

Silvercorp Metals (TSX:SVM) has launched an off-market takeover bid for OreCorp (ASX:ORR).

Speaking to Mining.com.au in part two of an interview series, company President Lon Shaver discusses how the company received a Merger Clearance Certificate (dated 30 January 2024) from the Tanzanian Fair Competition Commission providing unconditional merger control approval for the proposed transaction with OreCorp.

The FCC approval represents the sole Tanzanian regulatory requirement needed to complete the transaction.

Silvercorp notes that each OreCorp director has now accepted the Silvercorp offer and continues to recommend that OreCorp shareholders accept its offer in the absence of a superior proposal and subject to the independent expert’s report continuing to conclude that the Silvercorp offer is reasonable to OreCorp shareholders.

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Written By Mining.com.au Staff Writers

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