Tincorp Metals to Acquire Santa Barbara Gold-Copper Project via Acquisition of Santa Barbara Metals Inc from Silvercorp
March 24, 2026
Tincorp Metals announced the closing of its C$17.5 million subscription receipt offering, which is a condition precedent to its previously announced definitive agreement with Silvercorp Metals (and its wholly owned subsidiary Adventus Mining) to acquire the Santa Barbara Gold-Copper Project in Ecuador. The acquisition is structured as the purchase of Silvercorp/Adventus’ wholly owned subsidiary Santa Barbara Metals Inc.
- Buyers
- Tincorp Metals Inc.
- Targets
- Santa Barbara Metals Inc.
- Sellers
- Silvercorp Metals Inc., Adventus Mining Corporation
- Industry
- Energy
- Location
- Ecuador
- Transaction Type
- Buyout
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