New Pacific Metals Closes C$40.4 Million Bought Deal Financing

Silvercorp Metals Inc. ("Silvercorp") participated in the Offering by subscribing for 3,083,536 Offered Shares, representing approximately C $10.95 million in gross proceeds. As of the Closing, Silvercorp owns, directly and indirectly, approximately 27.99% of the outstanding common shares of the Company (the "Common Shares"). Pan American Silver Corp. ("Pan American") participated in the Offering by subscribing for 1,263,416 Offered Shares, representing approximately C$ 4.49 million in gross proceeds. As of t ...