Coeur Mining completes its acquisition of SilverCrest

SilverCrest holders received 1.6022 Coeur shares for each share, and Coeur issued about 239.3 million new shares. The deal adds the Las Chispas mine in Sonora, Mexico, to Coeur’s Rochester and Palmarejo operations.

Why it matters. In an all-share deal the value received at completion moves with the buyer’s share price, which can differ from the headline at signing.

Source

Mining Weekly

In the course

Module 9: The M&A process