Helen Cai Joins Silvercorp Board
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NEWS RELEASE
Trading Symbol: TSX: SVM
NYSE AMERICAN: SVM
Helen Cai Joins Silvercorp Board
VANCOUVER, British Columbia – February 7, 2024 – Silvercorp Metals Inc. (“Silvercorp” or the “Company”)
(TSX/NYSE American: SVM) today announced the appointment of Helen Cai to its Board as an independent
director.
Ms. Cai is a finance and investment professional with over two decades of experience , she is extensively
versed in capital markets and all aspects of corporate finance from strategic planning to M&A transactions.
Ms. Cai is currently an independent director of Barrick Gold Corporation and Largo Inc., and most recently
worked as a managing director with China International Capital Corporation until the spring of 2021. Prior
to this, Ms. Cai worked as a research analyst with the Goldman Sachs Group covering American mining and
technology sectors and was highly ranked by the StarMine analyst ranking service. As a lead research analyst
at China International Capital Corporation, Ms. Cai was ranked as Best Analyst by Institutional Investor and
Asia Money in their China Research Sector Polls for multiple years when covering Hong Kong and Chin a-
listed companies. The landmark cross -border financing and M&A transactions she led subsequently as a
senior investment banker also won various awards from Asia Money and The Asset. Ms. Cai is a Chartered
Financial Analyst and Chartered Alternative Investment Analyst and was educated at Tsinghua University in
China and the Massachusetts Institute of Technology in the United States, where she received two master’s
degrees and multiple fellowship awards.
Silvercorp’s CEO and Chair, Dr. Rui Feng stated: “We are very pleased to welcome Ms. Cai to our Board.
Helen is a distinguished finance and investment professional and brings a wealth of knowledge and
expertise in capital markets, strategic planning, and M&A to our organization. We look forward to her
valuable contributions in our ongoing merger and acquisition efforts to unlock value for our shareholders.”
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) 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: [email protected]
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Website: www.silvercorpmetals.com
CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS
Certain of the statements and information in this news release constitute “forward -looking statements”
within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward -
looking information” within the meaning of applicab le Canadian and US securities laws (collectively,
“forward-looking statements”). Any statements or information that express or involve discussions with
respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as “expects”, “is expected”, “anticipates”,
“believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”,
“forecasts”, “objectives”, “budgets”, “ schedules”, “potential” or variations thereof or stating that certain
actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the
negative of any of these terms and similar expressions) are not statements of historical fact and may be
forward-looking statements.
Actual results may vary from forward -looking statements. Forward -looking statements are subject to a
variety of known and unknown risks, uncertainties and other factors that could cause actual events or
results to differ from those reflected in the forward-looking statements, including, without limitation, risks
relating to: global economic and social impact of COVID -19; fluctuating commodity prices; calculation of
resources, reserves and mineralization and precious and base metal recovery; interpretations and
assumptions of mineral resource and mineral reserve estimates; exploration and development programs;
feasibility and engineering reports; permits and licences; title to properties; property interests; joint
venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and
conditions; economic factors affecting the Company; timing, estimated amount, capital and operating
expenditures and economic returns of future production; integration of future acquisitions int o 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; co nflicts of interest; dependence on management; internal control
over financial reporting; 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.
Forward-looking statements are statements about the future and are inherently uncertain, and actual
achievements of the Company or other future even ts or conditions may differ materially from those
reflected in the forward -looking statements due to a variety of risks, uncertainties and other factors,
including, without limitation, those referred to in the Company’s Annual Information Form under the
heading “Risk Factors” and in the Company’s Annual Report on Form 40 -F, and in the Company’s other
filings with Canadian and U.S. securities regulators. 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 anticipated, estimated, described or intended. Accordingly, readers should not place
undue reliance on forward-looking statements.
The Company’s forward -looking statements are based on the assumptions, beliefs, expectations and
opinions of management as of the date of this news release, and other than as required by applicable
securities laws, the Company does not assume any obligatio n to update forward -looking statements if
circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes
in any other events affecting such statements. Assumptions may prove to be incorrect and actual results
may dif fer materially from those anticipated. Consequently, guidance cannot be guaranteed. For the
reasons set forth above, investors should not place undue reliance on forward-looking statements.
Additional information related to the Company, including Silvercorp’s Annual Information Form, can be
obtained under the Company’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and on
the Company’s website at www.silvercorpmetals.com.