Silvercorp Reports 2024 AGM Results

Rhea-AI Summary

Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) reported the results of its annual general meeting (AGM) held on September 27, 2024. All matters submitted for shareholder approval were approved by the requisite majority. A total of 98,611,116 common shares, representing 45.55% of the votes attached to all outstanding shares, were represented at the AGM.

The voting results for the election of directors were as follows:

• Dr. Rui Feng: 92.97% votes for
• Paul Simpson: 89.32% votes for
• Yikang Liu: 98.98% votes for
• Marina Katusa: 98.01% votes for
• Ken Robertson: 98.39% votes for
• Helen Cai: 99.10% votes for

Final results for all matters voted on at the AGM will be filed on SEDAR+ and on the Company's website.

Positive

• All matters submitted for shareholder approval were approved
• High approval rates for all directors, ranging from 89.32% to 99.10%

Negative

• None.

Trading Symbol  TSX:  SVM
                              NYSE AMERICAN: SVM

VANCOUVER, BC, Sept. 27, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today reported that all matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated August 12, 2024, were approved by the requisite majority of votes cast at Silvercorp's annual general meeting ("AGM") held today.  A total of 98,611,116 common shares, representing 45.55% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.  The voting results for the election of directors are set out below:

 

	Votes For		Withheld
Director	Number	Percentage	Number	Percentage
Dr. Rui Feng	70,764,482	92.97 %	5,352,585	7.03 %
Paul Simpson	67,986,944	89.32 %	8,130,122	10.68 %
Yikang Liu	75,341,650	98.98 %	775,417	1.02 %
Marina Katusa	74,601,006	98.01 %	1,516,060	1.99 %
Ken Robertson	74,894,673	98.39 %	1,222,393	1.61 %
Helen Cai	75,430,531	99.10 %	686,535	0.90 %

Final results for all matters voted on at the AGM will be filed on SEDAR+ at www.sedarplus.ca and on the Company's website at www.silvercorpmetals.com.

About Silvercorp

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cashflow from long-life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) a long-term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorpmetals.com.

For further information:
Silvercorp Metals Inc. 
Lon Shaver, President
Phone: (604) 669‐9397
Toll Free 1(888) 224‐1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com

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SOURCE Silvercorp Metals Inc

FAQ

What was the outcome of Silvercorp's 2024 Annual General Meeting?

All matters submitted for shareholder approval at Silvercorp's 2024 AGM were approved by the requisite majority of votes cast.

What percentage of Silvercorp's (SVM) outstanding shares were represented at the 2024 AGM?

A total of 98,611,116 common shares, representing 45.55% of the votes attached to all outstanding shares, were represented at Silvercorp's 2024 AGM.

Who received the highest percentage of votes for in Silvercorp's (SVM) 2024 director election?

Helen Cai received the highest percentage of votes for in Silvercorp's 2024 director election, with 99.10% of votes in favor.

Where can investors find the final results of Silvercorp's (SVM) 2024 AGM?

The final results for all matters voted on at Silvercorp's 2024 AGM will be filed on SEDAR+ at www.sedarplus.ca and on the Company's website at www.silvercorpmetals.com.