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2,163.90
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46.11
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109.15
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17,093.50
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39,023.71
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38,797.51
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7,747.81
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0.6617
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71,640.19
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78.00
(0.57%)
Gold
2,163.90
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46.11
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Iron Ore
109.15
(1.77%)
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17,093.50
(3.05%)
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39,023.71
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38,797.51
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7,747.81
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0.6617
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78.00
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2,163.90
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46.11
(4.37%)
Iron Ore
109.15
(1.77%)
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17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
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71,640.19
(-1.56%)
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78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
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38,797.51
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USD/AUD
0.6617
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78.00
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Gold
2,163.90
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46.11
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109.15
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78.00
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2,163.90
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46.11
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109.15
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17,093.50
(3.05%)
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39,023.71
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38,797.51
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7,747.81
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0.6617
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71,640.19
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Iron Ore
109.15
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39,023.71
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109.15
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Gold
2,163.90
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46.11
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Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)

Silvercorp Metals Inc. (ASX: $ORR) extends offer period for OreCorp takeover

Silvercorp Metals Inc. (ASX: $ORR) takeover bid extension


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's encouragement to OreCorp shareholders


Silvercorp encourages all OreCorp shareholders who have not already accepted the Silvercorp Offer to do so without delay.

Summary of Silvercorp's Offer extension and outlook


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.

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