SilverCrest Metals Inc. (TSX:SIL) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 7,361,563 common shares, representing 5% of its issued share capital. The repurchases will be funded from cash on hand.

The repurchased shares will be cancelled. The plan will terminate on August 13, 2024. As of August 9, 2023, the corporation had 147,231,264 common shares issued and outstanding.