OreCorp Board recommends that shareholders ACCEPT the amended Perseus proposal, in the absence of a superior proposal.
See the full announcement: bit.ly/4ctAsos
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The FCC has provided unconditional approval for the Silvercorp Offer with the Independent Expert's Report concluding that the Offer is fair and reasonable to OreCorp shareholders.
Each OreCorp Director has now accepted the Silvercorp Offer.
bit.ly/3SoHulh
$ORR
Silvercorp offers to acquire all OreCorp Shares not already owned by Silvercorp, at the same consideration offered under the proposed Scheme. The $ORR Board unanimously recommends shareholders ACCEPT the Offer in the absence of a Superior Proposal
bit.ly/4axLisB
Silvercorp Metals increases its total consideration to 54.3c per OreCorp share under our Scheme Implementation Deed, including a 26.7% increase in cash consideration to 19c. @SilvercorpSVM expects to deliver first #gold at Nyanzaga by the end of 2025.
bit.ly/40QPGyo $ORR
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OreCorp Limited retweeted
📢 NEWS RELEASE
Silvercorp Provides Update on OreCorp Transaction Progress
📰silvercorpmetals.com/silverc…
$SVM $SVM.TO
BDO Corporate Finance has reviewed Silvercorp's September Financial Results, and their view remains unchanged. The Scheme is fair and reasonable and in the best interest of $ORR shareholders.
The Scheme Meeting is set for December 8 at 10:00am (AWST).
bit.ly/3SHW5tQ $ORR
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OreCorp Limited retweeted
OreCorp (#ASX: $ORR) is close to finalising its transaction with a Canadian-based precious metals company after receiving approval from the Tanzanian FCC.
bit.ly/49mUKyp
#mining @OreCorpLimited
We've received unconditional approval from the Tanzanian Fair Competition Commission for the proposed transaction with Silvercorp Metals Inc.
FCC approval is the only Tanzanian regulatory approval required to complete the proposed transaction.
bit.ly/3stcLdB $ORR #ASX
ASIC has registered the Scheme Booklet, which includes details about the proposed transaction with Silvercorp Metals Inc, an Independent Expert's Report, and the notice for the Scheme Meeting.
You can access the Scheme Booklet from our website.
bit.ly/3u2aDds $ORR
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Shareholders to vote on the Silvercorp Scheme on Dec 8, 2023. The meeting can be attended in person or virtually. Voting rights are available to eligible shareholders as of December 6, 2023.
Before voting, it's important that you read it carefully.
bit.ly/3MtKvyy $ORR
OreCorp Limited retweeted
'The big unlock for the project is bringing in an entity with a much larger balance sheet to fund it. There are several catalysts that still need to be triggered in terms of market response. First, being the completion of the transaction and then to inform the market of what $SVM's development concept looks like. Then ultimately to demonstrate the funding and commencement of development.'
$ORR Managing Director Henk Diederichs spoke about upcoming catalysts for Nyanzaga #Gold Project.
youtube.com/watch?v=ACHzRNqM…
$SVM.TO
OreCorp Limited retweeted
'As part of this deal, we're going to get an ASX listing to facilitate the existing $ORR shareholders to participate going forward. With the ASX listing, we think there's Australian institutions which will find $SVM to be an attractive vehicle to participate in the silver market.'
@LShaver_ and $ORR's Henk Deiderichs discuss the benefits of an $SVM ASX listing.
youtube.com/watch?v=ACHzRNqM…
$SVM.TO
OreCorp Limited retweeted
'For people who've been following the Silvercorp story, they've known that we've been looking to grow. We've looked at the OreCorp project and determined that it checks the boxes.'
$SVM President @LShaver_ and $ORR's Henk Diederichs spoke with @Crux at the 2023 DGF.
📽️ youtube.com/watch?v=ACHzRNqM…
$SVM.TO
A copy of our September 2023 Quarterly Activities Report can be found here: bit.ly/3Qm4qBB
$ORR #gold #ASX #ASXNews
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🗞️Nyanzaga #gold project achieves key milestone | Media covered by @ozmining. $ORR
australianmining.com.au/nyan…
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🗞️OreCorp completes ECI process for Nyanzaga #Gold Project | Covered by @MiningReview
miningreview.com/gold/orecor…
$ORR
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We've completed the ECI process for the development of Nyanzaga #Gold Project. Initial findings of the submissions provide confidence that the capital cost estimate & Project schedule developed during the DFS are conservative & targets are achievable.
bit.ly/3ETk416 $ORR















