07:49 AM EST, 02/03/2025 (MT Newswires) -- SilverCrest Metals ( SILV ) was 1.5% lower at last look Monday in NYSE American pre-market trading after the company received Mexican antitrust approval regarding Coeur Mining's proposed takeover.

A special meeting of SilverCrest securityholders to approve the deal is scheduled for Thursday. The transaction is expected to close on Feb. 14.

Under the terms, SilverCrest shareholders will receive 1.6022 shares of Coeur common stock for each SilverCrest share held. SilverCrest's board has unanimously recommended that shareholders and optionholders approve the deal.