Canadian company Silvercorp Metals Inc. will acquire a 70% license for gold mining projects from Chaarat Gold Holdings Ltd. for $162 million.
- The Canadian mining company Silvercorp Metals Inc. (TSX: SVM) has signed an agreement to acquire a 70% stake in Chaarat Gold Holdings Limited. This company manages the resource license for the gold projects "Tulkubash" and "Kyzylbash," as well as related exploration areas totaling 27.42 square kilometers in the Tian Shan region of Kyrgyzstan. Information about this has been posted on the company's official website. The total amount of the deal is $162 million.