Sierra Metals Inc. today announced that a majority of its shareholders have committed not to tender their shares in the event that Alpayana S.A.C. formalizes its proposed unsolicited all-cash take-over bid to acquire all of the issued and outstanding common shares of Sierra Metals for C$0.85 per share. Following the press release issued by Alpayana [...]
Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to commence an unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra Metals. Sierra Metals cautions shareholders that the announcement does not constitute an offer to acquire [...]
The cash consideration under the Offer represents a premium of approximately 26% based on the volume weighted average trading price of C$0.676 per Common Share on the TSX over the 30-trading days prior to December 13, 2024 and 10% based on the closing price of C$0.770 per Common Share on the TSX on December 13, 2024. Shareholders with questions [...]
Sierra Metals Inc. announces that it will hold a special meeting of shareholders on January 31, 2025. The Company has set a record date for the Special Meeting of December 30, 2024. The purpose of the Special Meeting is to seek authorization from the Company's shareholders to enable the Board of Directors to consider a consolidation of all of the [...]
Sierra Metals Inc. is pleased to provide production and cost guidance for 2025 for its two underground mines in Latin America: the Yauricocha mine in Peru and the Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, comments, "We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher [...]
Sierra Metals Inc. is pleased to report that its Yauricocha mine in Peru has reached a full capacity throughput rate of 3,600 tonnes per day since the beginning of the fourth quarter. Mine development below the 1120 level was completed on time and on budget and will extend the mine life at Yauricocha. Ernesto Balarezo, Sierra Metals' CEO, comments [...]
Sierra Metals Inc. reports consolidated financial results for the three-month and nine-month periods ending September 30, 2024. The information provided below are excerpts from the Company's Q3 2024 financial statements and Management's Discussion and Analysis , which are available on the Company's website and on SEDAR+ under the Company's profile [...]
Sierra Metals Inc. announces the filing at the Lima Stock Exchange by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the third quarter of 2024 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Sierra Metals Inc. reports third quarter 2024 production results from its two underground mines in Latin America: the Yauricocha polymetallic mine in Peru and the Bolivar copper mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, commented, "I am pleased to see Yauricocha operating at more than 3,000 tpd during the quarter and on track to [...]
Sierra Metals Inc. reports consolidated financial results for the three-month and six- month periods ending June 30, 2024. The information provided below are excerpts from the Company's Q2 2024 financial statements and Management's Discussion and Analysis , which are available on the Company's website and on SEDAR+ under the Company's profile [...]
Sierra Metals Inc. announces the filing at the Lima Stock Exchange by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the second quarter of 2024 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Sierra Metals Inc. is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. . The Company sold the Cusi Mine for US$2.5 million in cash and a 2.0% net smelter royalty [...]