Trading Symbol: TSX/NYSE
American: SVM
VANCOUVER, BC, May 26, 2023
/CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company")
(TSX: SVM) (NYSE American: SVM) is pleased to announce that its
Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all
shareholders of record at the close of business on June 12, 2023, with a payment date of the
dividend scheduled on or before June
29, 2023.
The dividends are considered eligible dividends for Canadian tax
purposes.
The declaration and payment of future dividends is at the
discretion of the Board of Directors and any future decision to pay
dividends will be based on a number of factors including commodity
prices, market conditions, financial results, cash flows from
operations, expected cash requirements and other relevant
factors.
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold,
lead, and zinc with a long history of profitability and growth
potential. The Company's strategy is to create shareholder value by
1) focusing on generating free cashflow from long life mines; 2)
organic growth through extensive drilling for discovery; 3) ongoing
merger and acquisition efforts to unlock value; and 4) long term
commitment to responsible mining and ESG.
For further information
Silvercorp Metals
Inc.
Lon Shaver
Vice President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/silvercorp-declares-semi-annual-dividend-of-us0-0125-per-share-301836009.html
SOURCE Silvercorp Metals Inc