POTENTIAL DEAL DETAILS
|Stock||Sierra Metals Inc.||Symbol||SMTS|
|Date Announced||01/08/2021||Source||Press Release|
|Type||Company Seeking Strategic Alternatives|
Sierra Metals Inc. (SMTS) announces today that its Board of Directors, supported by its management team and with the full support of Arias Resource Capital Fund L.P., Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II L.P., has commenced a process to explore and evaluate potential strategic alternatives focused on maximizing shareholder value.
July 13, 2021: The Board and Management of Sierra Metals (SMTS) continues its evaluation of strategic alternatives and expects to provide an update, at the latest, as part of its scheduled Q2 Consolidated Financial Results call on August 10, 2021.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.