20:51:18 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Sierra Metals Inc
Symbol SMT
Shares Issued 163,387,223
Close 2019-04-15 C$ 2.01
Market Cap C$ 328,408,318
Recent Sedar Documents

Sierra Metals adopts automatic share purchase plan

2019-04-15 18:20 ET - News Release

Mr. Igor Gonzales reports

SIERRA METALS ANNOUNCES AUTOMATIC SHARE PURCHASE PLAN

Sierra Metals Inc., in connection with its normal course issuer bid (NCIB), which was previously announced on Dec. 11, 2018, has entered into an automatic share purchase plan with its designated broker.

The Plan permits the Company's designated broker, CIBC Capital Markets ("CIBC"), to purchase common shares of the Company ("Common Shares") at times when Sierra Metals ordinarily would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by CIBC based upon parameters set out by the Company prior to the commencement of any such blackout period and in accordance with the terms of the Plan. Outside of these blackout periods, Common Shares may continue to be purchased at the Company's discretion, subject to the rules of the TSX and applicable securities laws. The Company's NCIB commenced on December 17, 2018 and will remain active until December 16, 2019.

About Sierra Metals

Sierra Metals Inc. is Canadian based growing polymetallic mining company with production from its Yauricocha Mine in Peru, and its Bolivar and Cusi Mines in Mexico. The Company is focused on increasing production volume and growing mineral resources. Sierra Metals has recently had several new discoveries and still has additional brownfield exploration opportunities at all three Mines in Peru and Mexico that are within or close proximity to the existing Mines. Additionally, the Company has large land packages at all three Mines with several prospective regional targets providing longer term exploration upside and mineral resource growth potential.

We seek Safe Harbor.

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