Coeur d’Alene Mines Corporation (NYSE:CDE,TSX: CDM) announced that they have completed their acquisition of Orko Silver Corp.
Coeur d’Alene Mines Corporation (NYSE:CDE,TSX: CDM) announced that they have completed their acquisition of Orko Silver Corp.
As quoted in the press release:
As a result of the completion of the arrangement, Coeur now owns all of the issued and outstanding shares of Orko. As consideration, Coeur paid a total of CAD $100 million in cash and issued an aggregate 11,572,918 common shares of Coeur and 1,588,768 warrants to acquire common shares of Coeur.
Coeur’s President and CEO, Mitchell J. Krebs, said:
We are excited to complete the acquisition of Orko and look forward to developing La Preciosa into a world-class silver mine that generates an attractive rate of return for shareholders over a long mine life.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1742.35 | +0.55 | |
Silver | 19.32 | +0.02 | |
Copper | 3.52 | -0.05 | |
Palladium | 2186.50 | +11.74 | |
Platinum | 899.32 | +2.68 | |
Oil | 104.80 | +2.07 | |
Heating Oil | 3.67 | 0.00 | |
Natural Gas | 6.07 | -0.23 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.