SVM.TO · 2020-01-23 12:00:00

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Corporate Updates

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604) 669‐939

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he statements a

States Private S

Canadian provin

expectations, b

ng words or ph

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hereof or stating

d, o r t h e n e g a t iv

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‐ FORWARD LOO

and information

Securities Litigat

cial securities la

beliefs, plans, pr

hrases such as “

rategies”, “tar g

g that certain ac

ve of any of the

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of the Company’

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uture constructio

ts or information

vents or results

tion, risks rela t

s and base met a

erican: SVM

UNCE THIRD Q

– January 2 3

RICAN: SVM)

ber 31, 2019

ian mining

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social and e n

e information

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in this press re l

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estimates; exploration and develo pment programs; feasibility an d engineering reports; permits and licenses; title to propertie s;

property interests; joint ventur e partners; acquisition of comm ercially mineable mineral rights; financing; recent market even ts

and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and

economic returns of future production; integration of future ac quisitions into the Company’s existing operations; competition;

operations and political conditions; regulatory environment in China and Canada; environmental risks; foreign exchange rate

fluctuations; insurance; risks and hazards of mining operations ; key personnel; conflicts o f interest; dependence on

management; internal control over financial reporting as per th e requirements of the Sarbanes‐Ox ley Act; and bringing actions

and enforcing judgments under U.S. securities laws.

This list is not exhaustive of the factors that may affect any of the Company’s forward‐looking statements or information.

Forward‐looking statements or information are statements about the future and are inherently uncertain, and actual

achievements of the Company or other future events or conditions may differ materially from those reflected in the forward‐

looking statements or information due to a variety of risks, un certainties and other factors, i ncluding, without limitation, t hose

referred to in the Company’s Annual Information Form for the year ended March 31, 2019 under the heading “Risk Factors”.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there

may be other factors that cause results not to be as anticipate d, estimated, described or inte nded. Accordingly, readers shou ld

not place undue reliance on forward‐looking statements or information.

The Company’s forward‐looking statements and information are based on the assumptions, beliefs, expectations and opinions of

management as of the date of this press release, and other than as required by applicable securities laws, the Company does not

assume any obligation to update forward‐looking statements and information if circumstances or management’s assumptions,

beliefs, expectations or opinio ns should change, or changes in any other events affecting such statements or information. For

the reasons set forth above, investors should not place undue reliance on forward‐looking statements and information.

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