Silvercorp Metals Inc. (ASX: $ORR) has extended its off-market takeover bid for all ordinary shares in OreCorp Limited (ASX: $ORR) until 7:00pm (Sydney time) on March 22, 2024. The extension was made in accordance with section 650D(1) of the Corporations Act 2001 (Cth).
Silvercorp encourages all OreCorp shareholders who have not already accepted the Silvercorp Offer to do so without delay.
Silvercorp Metals Inc. (ASX: $ORR) has extended the offer period for its off-market takeover bid for OreCorp Limited (ASX: $ORR) until March 22, 2024. The company emphasizes the increased timing and execution risk associated with the Perseus Offer and encourages OreCorp shareholders to accept the Silvercorp Offer. The extension provides shareholders with additional time to consider the offer and make informed decisions. Silvercorp's proactive approach demonstrates its commitment to the acquisition and its confidence in the value it brings. Shareholders should closely monitor further updates and announcements regarding the takeover bid.