GlobeNewswire•3 days ago
SILVERCORP ANNOUNCES SHARE REPURCHASE PROGRAM
Silvercorp Metals Inc. (“Silvercorp” or the “Company”) is pleased to announce a normal course issuer bid to acquire up to 8,670,104 common shares of the Company, representing approximately 5% the 173,402,084 common shares issued and outstanding as of March 16, 2020. The Company is taking this action because it believes that prevailing market conditions have resulted in Silvercorp’s shares being undervalued relative to the immediate and long term value of Silvercorp’s portfolio of producing properties in China and other strategic investments. Purchases will be made at the discretion of the directors at prevailing market prices, through the facilities of the TSX, the NYSE American, and alternative trading platforms in Canada and the United States, in compliance with regulatory requirements.
GlobeNewswire•8 days ago
SILVERCORP PROVIDES STATUS UPDATE ON OPERATIONS
Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report that since mid-February its Ying and GC mines have ramped up operations with no reportable incidents, and in full compliance with government measures implemented to limit the potential transmission of COVID-19. Silvercorp continues to ramp up all aspects of its operations and remains focused on doing so in a responsible manner to ensure the health and safety of all staff. The Company’s goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects.
als tegenhanger voor een paar zilver turbo's short (die ik niet lang ga
aanhouden verwacht ik) heb ik aandelen SVM die natuurlijk ook gehalveerd
zijn sinds de hoogste koers.
de belangen zijn in Chinese mijnen, dus daar vielen de eerste klappen en NU
dan het eerste herstel.
theoretisch kan ik op beide zelfs winst maken en het zorgt ook
voor een aardige spreiding.