‘Some are seeing this as 3 cents, but when you look at it as a combined value (acquisition and SpinCo) this deal is more like 4.5c’ – Peter Hume speaks to Proactive Investors about the proposed acquisition by Silvercorp.

Celsius Resources (ASX:CLA, AIM:CLA) is pleased to announce it has entered into a non-binding term sheet (“Term Sheet”) and a binding subscription agreement (“Subscription Agreement”) with Silvercorp Metals Inc., (“SVM” or “Silvercorp”) (TSX:SVM, NYSE:SVM) a Canadian-based mining company engaged in the acquisition, exploration, development and mining of mineral properties. Highlights Celsius Resources Limited has entered…