Silvercorp Metals Inc. (TSX:SVM) signed a share purchase agreement to acquire 70% stake in Chaarat Zaav CJSC from Chaarat Gold Holdings Limited for approximately $160 million on January 20, 2026. Silvercorp will fund the transaction through cash and short-term investments currently on hand and the remaining cash on hand after the acquisition, as well as cash flow from current operations and financing capacity.

Silvercorp Metals Inc. (TSX:SVM) completed the acquisition of 70% stake in Chaarat Zaav CJSC from Chaarat Gold Holdings Limited on January 27, 2026. King & Wood Mallesons (Beijing office) acted as lead legal counsel to Silvercorp on the transaction. The Kyrgyz government having issued a waiver of its statutory pre-emptive right and Silvercorp having made the $92 million payment to Chaarat.