Silvercorp Files Form 40-F Annual Report

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NEWS RELEASE

Trading Symbol TSX/NYSE AMERICAN: SVM

SILVERCORP FILES FORM 40-F ANNUAL REPORT

VANCOUVER, British Columbia – June 23, 20 20 – Silvercorp Metals Inc. (“Silvercorp” or the “Company”)

(TSX/NYSE American: SVM) reports that the Company has filed today its fiscal 20 20 annual report on Form

40-F with the U.S. Securities and Exchange Commission (“SEC”).

The Form 40-F, which includes the Company’s fiscal 2020 annual audited financial statements, management’s

discussion and analysis, and annual information form, is available on the Company’s website at

www.silvercorp.ca and on the SEC’s website at www.sec.gov/edgar.shtml.

Printed copies of the Company’s fiscal 20 20 annual financial statements, management’s discussion and

analysis, and annual information form are available free of charge to Silvercorp shareholders upon written

request.

About Silvercorp

Silvercorp is a profitabl e Canadian mining company producing silver, lead and zinc metals in concentrates

from mines in China. The Company’s goal is to continuously create healthy returns to shareholders through

efficient management, organic growth and the acquisition of profitabl e projects. Silvercorp balances

profitability, social and environmental relationships, employees’ wellbeing, and sustainable development. For

more information, please visit our website at www.silvercorp.ca.

For further information

Silvercorp Metals Inc.

Lon Shaver

Vice President

Phone: (604) 669-9397

Toll Free 1(888) 224-1881

Email: [email protected]

Website: www.silvercorp.ca