VANCOUVER, British Columbia, Jan. 30, 2019 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. ("Silvercorp” or the
“Company”) (TSX:SVM / NYSE AMERICAN: SVM) expects to release its unaudited financial and operating results for the third quarter
ended December 31, 2018 on Thursday, February 14, 2019 after the market close.
About Silvercorp
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.
For further information
Lon Shaver
Vice President
Silvercorp Metals Inc.
Phone: (604) 669-9397
Toll Free: 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorp.ca
CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
Certain of the statements and information in this press release constitute “forward-looking statements” within
the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the
meaning of applicable Canadian provincial securities laws. Any statements or information 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 words 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 or information. Forward-looking statements or information relate to, among other things: the price
of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company’s material properties;
the sufficiency of the Company’s capital to finance the Company’s operations; estimates of the Company’s revenues and capital
expenditures; estimated production from the Company’s mines in the Ying Mining District; timing of receipt of permits and
regulatory approvals; availability of funds from production to finance the Company’s operations; and access to and availability of
funding for future construction, use of proceeds from any financing and development of the Company’s properties.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or
information, including, without limitation, 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; environmental 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.
This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or
information. Forward-looking statements or information 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 reflected in the forward-looking
statements or information due to a variety of risks, uncertainties and other factors, including, without limitation, those referred
to in the Company’s Annual Information Form for the year ended March 31, 2017 under the heading “Risk Factors”. Although the
Company has attempted to identify important factors that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place
undue reliance on forward-looking statements or information.
The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations and
opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company
does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions,
beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the
reasons set forth above, investors should not place undue reliance on forward-looking statements and information.