Silvercorp to Announce First Quarter Results on August 9, 2018

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NEWS RELEASE

Trading Symbol: TSX/NYSE AMERICAN: SVM

Silvercorp to Announce First Quarter Results on August 9, 2018

VANCOUVER, British Columbia – July 24 , 201 8 – Silvercorp Metals Inc. ("Silvercorp” or the

“Company”) (TSX/NYSE American : SVM) announces that its unaudited financial and operating

results for the first quarter ended June 30, 201 8 will be released on Thursday, August 9, 2018

after the market close.

About Silvercorp Metals Inc.

Silvercorp is a low -cost silver -producing Canadian mining company with multiple mines in

China. The Company’s vision is to deliver shareholder value by focusing on the acquisition of

under developed projects with resource potential and the ability to grow organically. For more

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

Investor Contact

Lorne Waldman

Senior Vice President

Silvercorp Metals Inc.

Phone: (604) 669-9397

Toll Free 1(888) 224-1881

Email: [email protected]

Website: www.silvercorp.ca.