12:01 PM EST - Silvercorp Metals Inc. : announced that it has entered into a share purchase agreement with Yangtze Gold Ltd to acquire the all of the issued shares of Yangtze Mining Ltd from Yangtze Gold. The purchase price for the shares of Yangtze Mining is about $61.95 million and will be paid 40% in cash and 60% in common shares of Silvercorp. Silvercorp Metals Inc.
shares T.SVM are trading up 11 cents at $7.81.
