Silvercorp Metals Providing "Positive" El Domo Legal Update and Announcing Repayment of Wheaton Early Deposit; Involves Salazar Resources

MT Newswires11-15

Silvercorp Metals Inc. (TSX and NYSE American: SVM) and Salazar Resources Ltd. (SRL.V) on Friday announced that on November 12, 2024, the Provincial Court of Bolivar, in the province of Ecuador where ...

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(TSX and NYSE American: SVM) and Salazar Resources Ltd. (SRL.V) on Friday announced that on November 12, 2024, the Provincial Court of Bolivar, in the province of Ecuador where ...</p>\n\n<a href=\"https://finance.yahoo.com/news/silvercorp-metals-providing-positive-el-133055856.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://finance.yahoo.com/news/silvercorp-metals-providing-positive-el-133055856.html","article_id":"2483878377","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483878377","pubTimestamp":1731677455,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Silvercorp Metals Inc.  and Salazar Resources Ltd.  on Friday announced that on November 12, 2024, the Provincial Court of Bolivar, in the province of Ecuador where the El Domo project is located, dismissed the appeal filed by the plaintiffs in respect of the Curipamba-El Domo constitutional protective action, affirming the rights of the company's Ecuadorian subsidiary, Curimining S.A., to continue construction of the project.Additionally, a statement noted, the company announced the repayment of funds previously drawn by Adventus Mining Corporation from Wheaton Precious Metals International Ltd.  under the precious metals purchase agreement.As at September 30, 2024, Wheaton had advanced a total of $13.25 million. 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(SRL.V) on Friday announced that on November 12, 2024, the Provincial Court of Bolivar, in the province of Ecuador where the El Domo project is located, dismissed the appeal filed by the plaintiffs in respect of the Curipamba-El Domo constitutional protective action, affirming the rights of the company's Ecuadorian subsidiary, Curimining S.A., to continue construction of the project. \n\n Additionally, a statement noted, the company announced the repayment of funds previously drawn by Adventus Mining Corporation from Wheaton Precious Metals International Ltd. (WPM.TO, WPM) under the precious metals purchase agreement.\n\n On the Court, Silvercorp noted it dismissed the appeal and affirmed the lower court decision that the Ministry of Environment, Water, and Ecological Transition of Ecuador correctly discharged its environmental consultation obligations prior to issuing an environmental license for the project. 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