Announces Appointment of VP Corporate
Development
Trading Symbol: TSX: SVM
VANCOUVER, Oct. 3, 2016 /PRNewswire/ - Silvercorp Metals
Inc. ("Silvercorp" or the "Company") (TSX: SVM) is pleased to
report that all matters placed before the shareholders at its
Annual General Meeting ("AGM") held on Friday, September 30, 2016 were approved. A
total of 95,490,676 common shares, representing 57.18% of the votes
attached to all outstanding shares as at the record date for the
meeting, were represented at the AGM. All of the matters submitted
to the shareholders for approval as set out in the Company's Notice
of Meeting and Information Circular, both dated August 15, 2016, were approved by the requisite
majority of votes cast at the AGM.
The details of the voting results for the election of directors
are set out below:
|
Votes
For
|
Withheld
Votes
|
Director
|
#
|
%
|
#
|
%
|
Dr. Rui
Feng
|
56,001,474
|
97.97
|
1,160,631
|
2.03
|
S. Paul
Simpson
|
55,795,992
|
97.61
|
1,366,113
|
2.39
|
David
Kong
|
55,636,371
|
97.33
|
1,525,734
|
2.67
|
Yikang
Liu
|
56,636,018
|
99.08
|
526,087
|
0.92
|
Malcolm
Swallow
|
55,652,427
|
97.36
|
1,509,678
|
2.64
|
Shareholders also approved: (i) the re-appointment of Deloitte
LLP as auditors of the Company for the ensuing year at the
remuneration to be fixed by the directors; and (ii) the re-approval
of the Company's Stock Option Plan. Final results for all
matters voted on at the AGM will be filed on SEDAR at www.sedar.com
and on the Company's website.
Appointment of Vice President Corporate Development.
Silvercorp is pleased to announce that Gordon Neal has joined the Company as Vice
President Corporate Development. Mr. Neal has more than 30
years experience in governance, corporate finance and investor
relations, including over nine years with Mag Silver Corp.
Mr. Neal also founded Neal
McInerney Investor Relations in 1999, growing it to be the
second largest full service Investor Relations firm in Canada. Mr. Neal has served on the boards of
Falco Resources, Balmoral Resources, Americas Petrogas, Rockgate
Capital, and Xiana Mining. He has raised more than
$400mn for resources companies since
2004, and has actively assisted Companies with M&A
transactions. Mr. Neal graduated from Dalhousie University with a B.Sc. in Biochemistry.
He has also served as a member of the Dalhousie University Senate and Board of
Governors.
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.silvercorpmetals.com
SOURCE Silvercorp Metals Inc