PRU Perseus Mining

Silvercorp accepts Perseus's offer for OreCorp

Silvercorp accepts Perseus's offer for OreCorp

Perth, April 10, 2024 (GLOBE NEWSWIRE) -- SILVERCORP ACCEPTS THE PERSEUS OFFER FOR ORECORP

Perth, Western Australia/April 10, 204/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or PRU) refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited (ASX: ORR) (OreCorp or ORR) (Offer).1

Perseus is pleased to announce that Silvercorp Metals Inc (Silvercorp) has accepted the Perseus Offer. Silvercorp’s acceptance was for a total of 73,889,007 OreCorp Shares (representing 15.61% of OreCorp Shares on issue). As at April 9, 2024, Perseus has a relevant interest in 354,982,123 OreCorp Shares (representing 74.98% of OreCorp Shares on issue).

The Perseus Offer is open until April 19, 2024 (unless extended).

Perseus wants to reiterate that the Offer is:

  • unconditional; and
  • best and final in the absence of a competing proposal.

OreCorp Shareholders should ACCEPT the Offer now in respect of Your OreCorp Shares.

This market announcement was authorised for release by Jeff Quartermaine, Chairman of the Board of Perseus Mining Limited.

PERSEUS MINING LIMITED



ASX/TSX CODE: PRU



REGISTERED OFFICE:



Level 2

437 Roberts Road

Subiaco WA 6008



Telephone:

Email:



 CONTACTS:



Jeff Quartermaine

Executive Chairman & CEO









Nathan Ryan

Corporate Relations





1 Capitalised but undefined terms used in this document have the same meaning given to those terms in Perseus’s Replacement Bidder’s Statement dated 16 February 2024, as supplemented by its Supplementary Bidder’s Statements dated 8 March 2024, 18 March 2024, 25 March 2024 and 5 April 2024 (Bidder’s Statement).



EN
10/04/2024

Underlying

PRUPerseus Mining

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Perseus Mining

 PRESS RELEASE
Free
PRU PERSEUS MINING

Perseus Makes 9.9% Investment in Aurum Resources

Perseus Makes 9.9% Investment in Aurum Resources Perth, March 23, 2026 (GLOBE NEWSWIRE) -- PERSEUS MAKES 9.9% INVESTMENT IN AURUM RESOURCES Perth, Western Australia/March 23, 2026/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or the Company) is pleased to announce that it has acquired a relevant interest in 9.9% of the issued shares of Aurum Resources Limited (Aurum) (ASX: UAE) via participation in the Aurum equity raising announced today (Aurum Share Acquisition). Aurum is an emerging mineral development company listed on the ASX. Aurum’s key asset is the Boundiali Gold Project, a pre...

March 22, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

Perseus Announces Sale of Interest in Meyas Sand Project

Perseus Announces Sale of Interest in Meyas Sand Project Perth, Western Australia, March 16, 2026 (GLOBE NEWSWIRE) -- PERSEUS ANNOUNCES SALE OF GROUP INTEREST IN MEYAS SAND PROJECT IN SUDAN HIGHLIGHTS Perseus has signed a Share Purchase Agreement (SPA) to sell its 70% group interest in the Meyas Sand Project (MSGP) located in Sudan to Hong Kong Matrix Golden Fortune Mining Limited (Buyer), a wholly owned subsidiary of Matrix Resources (Zhejiang) Co., Ltd. (together with its subsidiaries, the “Matrix Group”), for a cash consideration of US$260M. Purchase price comprises a US$10M deposit ...

March 15, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

PRU H1 FY26 Results Announcement

PRU H1 FY26 Results Announcement Perth, WA, Feb. 20, 2026 (GLOBE NEWSWIRE) -- PERSEUS MINING REPORTS US$185.5 MILLION PROFIT AFTER TAX FOR H1 FY26 AND INCREASES INTERIM DIVIDEND BY 100% TO AUD 5.0 CENTS. Mid-tier, gold producer, developer and explorer, Perseus Mining Limited (ASX/TSX: PRU) is pleased to report material improvements across all key financial metrics including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending 31 December 2025 (H1 FY26). HIGHLIGHTS Revenue increased to US$608.5 million, up...

February 19, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

PRU increases Nyanzaga Project Ore Reserves to 4.0Moz

PRU increases Nyanzaga Project Ore Reserves to 4.0Moz Perth, WA, Feb. 20, 2026 (GLOBE NEWSWIRE) -- PERSEUS MINING INCREASES NYANZAGA GOLD PROJECT ORE RESERVES TO 4.0 Moz Overview Perth, Western Australia/ February 20, 2026/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce an updated Ore Reserve of 4.0 Moz for the Nyanzaga Gold Project (NGP) in Tanzania (Table 1). This represents a 73% increase to the 2.3 Moz Ore Reserve reported in April 2025 as part of the updated NGP Feasibility Study (FS). A summary of the release is included below. For the full release including JORC tab...

February 19, 2026 1 EN
 PRESS RELEASE
Free
PRU PERSEUS MINING

Half Year FY26 Results - Investor Webinar (corrected version)

Half Year FY26 Results - Investor Webinar (corrected version) Perth, Western Australia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- HALF YEAR FY26 RESULTS - INVESTOR WEBINAR / CALL Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its H1 FY26 Results, which are anticipated for release around 8:30am AEDT on Friday 20 February 2026. CALL DETAILS Australia: Friday 20 February 2026Perth – 7:00amSydney/Melbourne – 10:00amCanada: Thursday 19 February 2026Vancouver – 3:00pm Toronto – 6:00pmUK: Thursday 19 February 2026London – 11:00pm Register for the i...

February 4, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch