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VANCOUVER, BC, Nov. 11, 2024 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company“) (TSX: SVM) (NYSE American: SVM) is happy to announce that its Board of Administrators declared a semi-annual dividend of US$0.0125 consistent with proportion to be paid to all shareholders of document on the similar of commercial on November 29, 2024, with a fee age of the dividend scheduled on or prior to December 13, 2024. 

The dividends are regarded as eligible dividends for Canadian tax functions.

The declaration and fee of hour dividends is on the discretion of the Board of Administrators and any hour determination to pay dividends will probably be in keeping with a number of components together with commodity costs, marketplace statuses, monetary effects, money flows from operations, anticipated money necessities and alternative related components.

About Silvercorp

Silvercorp is a Canadian mining corporate generating silver, gold, top, and zinc with a protracted historical past of profitability and enlargement attainable. The Corporate’s technique is to assemble shareholder worth through 1) that specialize in producing isolated cashflow from lengthy generation mines; 2) natural enlargement thru intensive drilling for discovery; 3) ongoing merger and acquisition efforts to liberate worth; and four) long run loyalty to accountable mining and ESG. For more info, please discuss with our web site at www.silvercorpmetals.com.

For additional data
Silvercorp Metals Inc.
Lon Shaver
President
Telephone: (604) 669-9397
Toll Detached 1(888) 224-1881
E mail: [email protected]
Website online: www.silvercorpmetals.com

CAUTIONARY DISCLAIMER – FORWARD-LOOKING STATEMENTS

Sure of the statements and data on this information drop represent “forward-looking statements” inside the which means of the USA Personal Securities Litigation Reform Operate of 1995 and “forward-looking information” inside the which means of acceptable Canadian and US securities regulations (jointly, “forward-looking statements”). Any statements or data that categorical or contain discussions with appreciate to predictions, expectancies, ideals, plans, projections, targets, suppositions or hour occasions or efficiency (frequently, however no longer at all times, the use of phrases or words reminiscent of “expects”, “is expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”, “forecasts”, “objectives”, “budgets”, “schedules”, “potential” or diversifications thereof or declaring that positive movements, occasions or effects “may”, “could”, “would”, “might” or “will” be taken, happen or be accomplished, or the adverse of any of those phrases and indistinguishable expressions) aren’t statements of ancient reality and could also be forward-looking statements.  Ahead-looking statements relate to, amongst alternative issues: the declaration and fee of hour dividends; the cost of silver and alternative metals; foreign currency echange charges; the accuracy of mineral useful resource and mineral store estimates on the Corporate’s subject matter houses; the sufficiency of the Corporate’s capital to finance the Corporate’s operations; estimates of the Corporate’s revenues operation prices,  and capital expenditures; estimated manufacturing from the Corporate’s; timing of receipt of lets in and regulatory approvals; availability of budget from manufacturing to finance the Corporate’s operations; and get right of entry to to and availability of investment for hour development, significance of proceeds from any financing and construction of the Corporate’s houses.

Untouched effects would possibly range from forward-looking statements. Ahead-looking statements are matter to numerous identified and unknown dangers, uncertainties and alternative components that might reason unedited occasions or effects to range from the ones mirrored within the forward-looking statements, together with, with out limitation, dangers with regards to: fluctuating commodity costs; calculation of sources, reserves and mineralization and valuable and bottom steel fix; interpretations and suppositions of mineral useful resource and mineral store estimates; exploration and construction methods; feasibility and engineering stories all important lets in, licenses and regulatory approvals for our operations are won in a well timed method; name to houses; quality pursuits; three way partnership companions; acquisition of commercially mineable mineral rights; financing; contemporary marketplace occasions and statuses; financial components affecting the Corporate; timing, estimated quantity, capital and working expenditures and financial returns of hour manufacturing; integration of hour acquisitions into the Corporate’s current operations; festival; operations and political statuses; regulatory circumstance in China, Canada and Ecuador; environmental dangers; regulatory investigations, claims and criminal continuing, foreign currency echange fee fluctuations; insurance coverage; dangers and hazards of mining operations; key workforce; conflicts of hobby; dependence on control; world financial and social have an effect on of COVID-19; interior regulate over monetary reporting; and bringing movements and implementing judgments underneath U.S. securities regulations.

This listing isn’t exhaustive of the standards that can have an effect on any of the Corporate’s forward-looking statements. Ahead-looking statements are statements concerning the hour and are inherently unsure, and unedited achievements of the Corporate or alternative hour occasions or statuses would possibly range materially from the ones mirrored within the forward-looking statements because of numerous dangers, uncertainties and alternative components, together with, with out limitation, the ones referred to within the Corporate’s Annual Knowledge Method underneath the heading “Risk Factors” and within the Corporate’s Annual Document on Method 40-F, and within the Corporate’s alternative filings with Canadian and U.S. securities regulators.  Even though the Corporate has tried to spot impressive components that might reason unedited effects to range materially, there could also be alternative components that reason effects to not be as expected, estimated, described or meant.  Accordingly, readers will have to no longer playground undue reliance on forward-looking statements.  

The Corporate’s forward-looking statements are in keeping with the suppositions, ideals, expectancies and reviews of control as of the age of this information drop, and alternative than as required through acceptable securities regulations, the Corporate does no longer suppose any legal responsibility to replace forward-looking statements if instances or control’s suppositions, ideals, expectancies or reviews will have to trade, or adjustments in any alternative occasions affecting such statements. Guesses would possibly turn out to be unsuitable, and unedited effects would possibly range materially from the ones expected. As a result, steering can’t be assured. For the explanations poised forth above, buyers will have to no longer playground undue reliance on forward-looking statements.

A complete dialogue of dangers that have an effect on Silvercorp, and extra data with regards to the Corporate together with Silvercorp’s Annual Knowledge Method may also be received underneath the Corporate’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and at the Corporate’s web site at www.silvercorpmetals.com.

SOURCE Silvercorp Metals Inc

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