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.
News Market Reaction – SVM
On the day this news was published, SVM declined 5.82%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Trading Symbol TSX: SVM
NYSE AMERICAN: SVM
Votes For | Withheld | |||
Director | Number | Percentage | Number | Percentage |
Dr. Rui Feng | 70,764,482 | 92.97 % | 5,352,585 | 7.03 % |
Paul | 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
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