News: Silvercorp Metals Inc. (SVM.N)

SVM.N on New York Stock Exchange

6.79USD
14 Dec 2009
Price Change (% chg)

$0.23 (+3.51%)
Prev Close
$6.56
Open
$6.63
Day's High
$6.82
Day's Low
$6.60
Volume
90,200
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$8.00
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Thu, Sep 24 2009

REFILE-UPDATE 2-Klondex ends takeover deal with Paramount

* Klondex down 24 percent, Paramount up 6 pct (Adds Klondex statement, NEW YORK dateline)

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UPDATE 1-Paramount says Klondex ends merger agreement

* Klondex alleges misstatement of facts in technical report

CANADA STOCKS-TSX may open higher as earnings hopes rise

TORONTO, July 21 (Reuters) - Toronto's main stock market index could open higher on Tuesday, as steady commodity prices and investors' optimism about this quarter's earning results could boost the resource-heavy index.

UPDATE 2-Paramount Gold to buy Klondex for C$80 mln

* Silvercorp Metals says not to increase offer for Klondex (Recasts; adds Silvercorp Metals' response, analyst comment, updates share to close)

CANADA STOCKS-TSX may open higher on firm commodity prices

TORONTO, July 15 (Reuters) - Toronto's main stock market index could climb on Wednesday, lifted by higher oil and metal prices and investor optimism after strong earning results from key U.S. firms.

UPDATE 1-Silvercorp to petition against Klondex rights plan

* Says to petition the British Columbia Securities Commission

UPDATE 1-Silvercorp "disappointed" with Klondex rejecting bid

* Says disappointed over Klondex's share placement with CMU

Hostile offers hit highest level in 3 years

PHILADELPHIA, July 2 (Reuters) - Hostile and unsolicited takeover offers in June hit their highest level in more than three years as companies with strong balance sheets and resilient stock prices went on the offensive to make acquisitions.

UPDATE 1-Klondex Mines rejects SilverCorp's hostile bid

TORONTO, June 30 (Reuters) - Canadian gold exploration company Klondex Mines Ltd said on Tuesday its board has recommended that its shareholders reject the unsolicited takeover bid from Silvercorp Metals Inc .

UPDATE 1-Klondex appoints Scotia Capital as adviser

TORONTO, June 26 (Reuters) - Gold exploration company Klondex Mines Ltd said on Friday that it had appointed Scotia Capital Inc as its financial advisor to advise it on a tender offer from Silvercorp Metals Inc .

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