Coeur Mining, Inc. to acquire SilverCrest Metals Inc. at an implied equity value of approximately US$1.7 billion

Goodmans LLP acted as Canadian counsel to Coeur Mining, Inc. in connection with entering into a definitive agreement with SilverCrest Metals Inc., whereby pursuant to a plan of arrangement Coeur will acquire all of the issued and outstanding common shares of SilverCrest at an implied equity value of approximately US$1.7 billion.

Coeur is a U.S.-based, well-diversified, precious metals mining company that operates five mines located in North America.

SilverCrest’s principal asset is the Las Chispas underground mine, one of the world’s highest-grade, lowest cost silver and gold operations, based in Sonora, Mexico. Together with Coeur’s silver production, the addition of SilverCrest is expected to generate peer-leading 2025 silver production from five North American operations.