Coeur Mining Files Proxy Materials
Ticker: CDE · Form: DEFA14A · Filed: Feb 3, 2025 · CIK: 215466
Sentiment: neutral
Topics: proxy-statement, sec-filing, governance
Related Tickers: CDE
TL;DR
Coeur Mining filed its proxy statement, get ready for shareholder votes.
AI Summary
Coeur Mining, Inc. filed a Definitive Additional Materials proxy statement on February 3, 2025, related to its annual meeting. The filing concerns the company's proxy materials, which are subject to SEC regulations under the 1934 Act. No fee was required for this filing.
Why It Matters
This filing indicates Coeur Mining is proceeding with its shareholder meeting and related corporate governance processes, which are essential for company operations and investor relations.
Risk Assessment
Risk Level: low — This is a routine administrative filing related to proxy statements and does not contain new financial or operational information that would inherently increase risk.
Key Players & Entities
- Coeur Mining, Inc. (company) — Registrant
- 0001140361-25-002768 (filing_id) — Accession Number
- 20250203 (date) — Filing Date
- 1934 Act (regulation) — Securities Exchange Act
FAQ
What type of SEC filing is this?
This is a Definitive Additional Materials filing (DEFA14A) under Schedule 14A, related to proxy statements.
Who is the filing company?
The filing company is Coeur Mining, Inc.
When was this filing submitted?
The filing was submitted on February 3, 2025.
Is there a fee associated with this filing?
No fee was required for this filing.
What is the purpose of a DEFA14A filing?
A DEFA14A filing is used for Definitive Additional Materials related to proxy solicitations, providing supplementary information to shareholders.
Filing Stats: 4,487 words · 18 min read · ~15 pages · Grade level 14.6 · Accepted 2025-01-31 20:07:08
Key Financial Figures
- $5.25 — Stock and SilverCrest Common Shares of $5.25 per share and $9.50 per share (with a m
- $9.50 — st Common Shares of $5.25 per share and $9.50 per share (with a median of $8.25 per s
- $8.25 — e and $9.50 per share (with a median of $8.25 per share) and $8.51 per share and $12.
- $8.51 — (with a median of $8.25 per share) and $8.51 per share and $12.59 per share (with a
- $12.59 — 8.25 per share) and $8.51 per share and $12.59 per share (with a median of $9.80 per s
- $9.80 — and $12.59 per share (with a median of $9.80 per share), respectively, and an approx
- $169 million — and exploration upside of approximately $169 million , and subtracted the net debt and other
- $617 million — other debt like items of approximately $617 million of Coeur, each as provided by the manag
- $2.91 — hare of Coeur Common Stock ranging from $2.91 to $3.96. 8. The first full paragrap
- $3.96 — oeur Common Stock ranging from $2.91 to $3.96. 8. The first full paragraph on Page
- $185 million — ho exploration project of approximately $185 million , and subtracted the net debt and other
- $553 million — ated transaction costs of approximately $553 million , as provided by the management of Coeu
- $3.00 — effect to the Arrangement ranging from $3.00 to $4.07. 9. The third full paragrap
- $4.07 — o the Arrangement ranging from $3.00 to $4.07. 9. The third full paragraph on Page
- $3.68 — in a range of implied present values of $3.68 to $9.48 per share of Coeur Common Stoc
Filing Documents
- ny20040375x3_defa14a.htm (DEFA14A) — 79KB
- 0001140361-25-002768.txt ( ) — 80KB
01
Item 8.01 Other Events. COFECE Approval As previously announced, on October 3, 2024, Coeur Mining, Inc., a Delaware corporation ("Coeur"), SilverCrest Metals Inc., a corporation existing under the laws of the Province of British Columbia, Canada ("SilverCrest"), 1504648 B.C. Unlimited Liability Company, an unlimited liability company existing under the laws of the Province of British Columbia, Canada and a wholly-owned subsidiary of Coeur ("Canadian Sub"), Coeur Rochester, Inc., a Delaware corporation and a wholly-owned subsidiary of Coeur, and Compaa Minera La Llamarada, S.A. de C.V., a company existing under the laws of Mexico and a wholly-owned subsidiary of SilverCrest, agreed to a strategic business combination transaction pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). On Plenum's session held on January 30, 2025, the Mexican Federal Economic Competition Commission (COFECE) determined that the transaction is unlikely to diminish, harm or hinder free and open competition in the Mexican mining sector and granted approval for Coeur's pending acquisition of SilverCrest pursuant to the previously announced Arrangement. Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions, including the approval of Coeur's stockholders at the special meeting to be held on February 6, 2025 and the approval of the Supreme Court of British Columbia, the Arrangement is expected to close on or about February 14, 2025. Supplemental Disclosures On December 30, 2024, Coeur filed a definitive proxy statement on Schedule DEFM14A, as such may be supplemented from time to time (the "Definitive Proxy Statement"), with the U.S. Securities and Exchange Commission (the "SEC") with respect to the special meeting of Coeur's stockholders to vote to approve an amendment to the Coeur Certificate of Incorporation, as amended, and the issuance of shares of Coeur Common Stock to SilverCrest
Forward-Looking Statements and Cautionary Statements
Forward-Looking Statements and Cautionary Statements Certain statements in this document concerning the proposed Arrangement, including any statements regarding the expected timetable for completing the Arrangement, the results, effects, benefits and synergies of the Arrangement, future opportunities for the combined company, future financial performance and condition, guidance and any other statements regarding Coeur's or SilverCrest's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "anticipate," "likely" "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include, but are not limited to, statements regarding Coeur's or SilverCrest's plans and expectations with respect to the proposed Arrangement and the anticipated impact of the proposed Arrangement on the combined company's results of operations, financial position, growth opportunities and competitive position, including maintaining current Coeur and SilverCrest management, strategies and plans and integration. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. These forward-looking statements involve significant risks and uncertainties that could cause actual re