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Silvercorp Reports 2020 AGM Results

Silvercorp Metals Inc
·2 mins read

VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report that all matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated August 14, 2020, were approved by the requisite majority of votes cast at Silvercorp’s annual general meeting (“AGM”) held on Friday, September 25, 2020. A total of 117,352,526 common shares, representing 67.27% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below:

Votes For

Withheld

Director

Number

Percentage

Number

Percentage

Dr. Rui Feng

72,994,628

99.38

%

455,958

0.62

%

S. Paul Simpson

69,183,617

94.19

%

4,266,969

5.81

%

David Kong

66,658,337

90.75

%

6,792,249

9.25

%

Yikang Liu

72,727,754

99.02

%

722,832

0.98

%

Marina Katusa

72,532,772

98.75

%

917,814

1.25

%

Shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. 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.

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
Silvercorp Metals Inc.
Lon Shaver
Vice President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorp.ca