Finanzen / Bilanzen

The next merger: Silver company with more than 200 million ounces of silver equivalent to be created!

Just this weekend the silver industry learned that Pan American Silver is planning to take over competitor MAG Silver for around USD 2.1 billion. Now another, in our opinion also very promising merger in the silver sector has been announced, although this time two explorers/developers are merging and not two producers.

In any case, the merger of Silver47 Exploration (WKN A408EQ / TSXV AGA) and Summa Silver (WKN A2P4EE / TSXV SSVR) – two “Goldinvest.de companies” – will create a company with a total of 10 million ounces of silver equivalent in the indicated and of 236 million ounces of silver equivalent in the inferred category!

And that‘s is just the beginning. Together, the two companies want to advance the shared goal of achieving silver equivalent deposits of 1 billion ounces or more through further consolidation in the industry and additional discoveries!

Learn more about this exciting silver story in the full article:

The next merger: Silver company with more than 200 million ounces of silver equivalent to be created!

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