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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