Silvercorp Publishes Inaugural Sustainability Report
Silvercorp Metals Inc.
Suite 1750 – 1066 West Hastings St.
Vancouver, BC, Canada V6E 3X1
Tel: 604-669-9397
Fax: 604-669-9387
NEWS RELEASE
Trading Symbol: TSX / NYSE American: SVM
SILVERCORP PUBLISHES INAUGURAL SUSTAINABILITY REPORT
VANCOUVER, British Columbia – December 16, 2020 – Silvercorp Metals Inc. ("Silvercorp” or the
“Company”) (TSX/NYSE American: SVM) announces the publication of its first s ustainability report,
prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core Option as a guide.
The report provides information on the Company's governance, safety, environmental, and social
performance.
Dr. Rui Feng , Chairman and CEO, commented, "One of Silvercorp’s key principles is to be a good
corporate citizen and accountable to all its stakeholders. As a result, the Company has implemented
numerous programs over the years to ensure it operates in a responsible manner with respect to
employee a nd contractor safety, environmental protection and community relations. This
sustainability report, Silvercorp’s first, allows us to highlight our actions as well as our commitment
to communicate on these topics on an ongoing basis."
The report is available on the Company's website at http://silvercorpmetals.com/sustainability/ or
the full report can be downloaded here.
About Silvercorp
Silvercorp is a profitable 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 profitable
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
Lon Shaver
Vice President
Silvercorp Metals Inc.
Phone: (604) 669-9397
Toll Free: 1 (888) 224-1881
Email: [email protected]
Website: www.silvercorp.ca
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”
2
within the meaning of applicable Canadian provincial securities laws (collectively, “forward-looking statements”). Any
forward-looking statements 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 w ords 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. Forward -looking statements relate to, among other things: future profitability, growth,
acquisitions and shareholder returns, and potential future offerings of Securities.
Forward-looking statements are subject to a variety of known and unknown risk s, uncertainties and other factors that
could cause actual events or results to differ from those reflected in the forward -looking statements, including,
without limitation, social and economic impacts of COVID -19; risks relating to: 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 licenses; 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 into the Company’s existing operations; competition; operations and
political conditions; regulatory environment in China and Canada; environme ntal risks; foreign exchange rate
fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on
management; internal control over financial reporting as per the requirements of the Sarbanes -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 expr essed 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 inherently subject to significant 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 ability to carry on current and future operations, including: the duration and effects of
COVID-19 on our operations and workforce; development and exploration activities; the timing, extent, duration and
economic viability of s uch 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; the current and future social, ec onomic 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 forward- looking statements if circumstances or
management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting
such statements. Although the Company has attempted to identify important factors that could cause actual results
to differ ma terially, 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.