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Pan American Silver completes Tahoe Resources takeover

  • Pan American Silver (NASDAQ:PAAS +2.7%) says it has completed the acquisition of Tahoe Resources (NYSE:TAHO), creating "the world's premier silver mining company."
  • PAAS says it is now "the largest publicly traded silver mining company by free float, offering silver mining investors enhanced scale and liquidity."
  • PAAS also says it has increased its revolving credit facility by $200M to $500M, maturing on Feb. 1, 2023.

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