M&A: Coeur Mining, Inc.

Form Type: DEFM14A

Filing Date: 2024-12-30

Corporate Action: Merger

Type: New

Accession Number: 000114036124050613

Comments: Coeur Mining, Inc. has proposed a strategic business combination with SilverCrest Metals Inc. This arrangement involves Coeur, through its subsidiary Canadian Sub, acquiring all issued and outstanding common shares of SilverCrest. The exchange ratio for this transaction is set at 1.6022 shares of Coeur Common Stock for each SilverCrest Common Share held. Following the merger, existing Coeur stockholders will own approximately 63% of the combined company's shares, while SilverCrest shareholders will hold around 37%. A special meeting for Coeur stockholders is scheduled for February 6, 2025, where two key proposals will be voted on: the Charter Amendment Proposal to increase the authorized shares of Coeur Common Stock, and the Stock Issuance Proposal to approve the issuance of shares to SilverCrest shareholders. Approval for these proposals is essential for the merger to proceed, as highlighted in the proxy statement dated December 30, 2024.

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