SilverCrest Metals Inc.

Mr. Bernard  Poznanski B.Sc., L.L.B., L.L.M.

Corporate Secretary

Ms. Tara  Hassan P.Eng.

Vice President of Corporate Development

Mr. Clifford  Lafleur

Vice President of Operations

Mr. Christopher  Ritchie M.B.A.

President

Ms. Lindsay  Bahadir

Manager Investor Relations & Corporate Communications

Ms. Stephany  Fier

Vice President of Exploration

Mr. Nathan Eric Fier CPG., P.Eng.

Founder, Chief Executive Officer & Director

SilverCrest Metals Inc. explores for and develops precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its principal property includes the Las Chispas project that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.

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Couer to acquire SilverCrest in $1.7 billion all-share deal

Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.

Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion

With the addition of the Las Chispas mine – one of the world's lowest-cost and highest-grade silver/gold operations – the combined company is expected to produce 21 million ounces of silver annually1 with peer leading EBITDA and free cash flow CHICAGO , Oct. 4, 2024 /PRNewswire/ - Coeur Mining, Inc. ("Coeur") (NYSE: CDE) and SilverCrest Metals Inc. ("SilverCrest") (TSX: SIL; NYSE American: SILV) announce that they have entered into a definitive agreement (the "Agreement") whereby, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement (the "Transaction"). Under the terms of the Agreement, SilverCrest shareholders will receive 1.6022 Coeur common shares for each SilverCrest common share (the "Exchange Ratio").

Coeur Announces Acquisition of SilverCrest to Create Leading Global Silver Company

CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur”) (NYSE: CDE) and SilverCrest Metals Inc. (“SilverCrest”) (TSX: SIL; NYSE American: SILV) announce that they have entered into a definitive agreement (the “Agreement”) whereby, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement (the “Transaction”). Under the terms of the Agreement, SilverCrest shareholders will receive 1.6022 Coeur common sha.

SilverCrest boasts low mining costs, little debt, and a strong cash position, making it a high-margin, financially flexible investment in the precious metals sector. The recent stock price dip presents a buying opportunity, especially if silver and gold prices continue to rise, enhancing SilverCrest's underlying worth. I rate SilverCrest a Buy under $7.50, with potential upside to $15-$20 in 2–3 years, leveraging its strong financials and a long-term monetary metals' uptrend.

SilverCrest Metals Inc.SILV

SilverCrest Metals Inc.
SILV