Silvercorp Declares Semi-Annual Dividend of USS0.0125 PER Share
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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 exp ressions) are not statement s of historical fact and may
be forward‐looking statements. Forward‐looking statements relate to, among other things: the price of silver and
other metals; the accuracy of mineral resource and mineral rese rve estimates at the Company’s material properties;
the sufficiency of the Company’s capital to finance the Company ’s operations; estimates of the Company’s revenues
and capital expenditures; estimated production from the Company’s mines in the Ying Mining District and the GC
Mine; projected cash operating costs and all‐in sustaining costs, and budgets, on a consolidated and mine‐by‐mine
basis; projections included in the Company’s annual cost guidan ce; timing of receipt of permits and regulatory
approvals; availability of funds from production to finance the Company’s operations; and access to and availability of
funding for future construction, use of proceeds from any financing and development of the Company’s properties.
Forward‐looking statements are subject to a variety of known an d unknown risks, uncertainties and other factors that
could cause actual events or res ults to differ from those refle cted in the forward‐looking statements, including,
without limitation, social and economic impacts of COVID‐19; ri sks relating to: fluctuating commodity prices;
calculation of resources, reserves and mineralization and preci ous and base metal recovery; interpretations and
assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility
and engineering reports; permits and licenses; title to properties; property interests; joint venture partners; acquisition
of commercially mineable minera l rights; financing; recent mark et events and conditions; economic factors affecting
the Company; timing, estimated amount, capital and operating ex penditures and economic returns of future
production; integration of future acquisitions into the Company’s existing operations; competition; operations and
political conditions; regulator y environment in China and Canad a; environmental risks; foreign exchange rate
fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on
management; internal control ove r financial reporting as per th e requirements of the S arbanes‐Oxley Act; and
bringing actions and enforcing judgments under U.S. securities laws, as well as those risks and uncertainties discussed
in the Company’s corresponding MD&A and other public filings of the Company. 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 events or conditions may differ materially from those expressed or implied in the
forward‐looking statements.
The Company’s forward‐looking statements are necessarily based on a number of estimates, assumptions, beliefs,
expectations and opinions of management as of the date of this news release that while considered reasonable by
management of the Company, are i nherently subject to significan t business, economic and competitive uncertainties
and contingencies. These estimates, assumptions, beliefs, expectations and opinions include, but are not limited to,
those related to the Company’s a bility to carry on current and future operations, including: the duration and effects of
COVID‐19 on our operations and w orkforce; development and explo ration activities; the timing, extent, duration and
economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and
assessments; the Company’s ability to meet or achieve estimates , projections and forecasts; the availability and cost
of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary
approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on
reasonable terms when required; t he current and future social, economic and political conditions; and other
assumptions and factors generally associated with the mining industry. Other than as required by applicable securities
laws, the Company does not assume any obligation to update forw ard‐looking statements if circumstances or
management’s assumptions, beliefs, expectations or opinions sho uld change, or changes in any other events affecting
such statements. Although the Company has attempted to identif y 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. For the reasons set forth above, investors should not place undue reliance on forward‐looking statements.