Silvercorp Metals Declares Semi-Annual Dividend, Reinforcing Financial Stability

Silvercorp Metals Inc. has declared a semi-annual dividend of US$0.0125 per share, reinforcing the Canadian mining company's financial stability and dedication to shareholder returns. The dividend payment, scheduled for distribution on or before June 26 to shareholders of record as of June 6, represents the company's ongoing commitment to rewarding investors while maintaining operational excellence. This dividend has been designated as an eligible dividend for Canadian tax purposes, providing additional benefits to qualifying shareholders.

The company's comprehensive strategy for creating shareholder value extends beyond dividend payments to include multiple strategic objectives. Silvercorp focuses on generating consistent free cash flow from its long-life mining operations while pursuing organic growth through extensive drilling programs. The company also maintains an active approach to strategic mergers and acquisitions, positioning itself for continued expansion in the competitive mining sector. These efforts are complemented by a long-term commitment to responsible mining practices and robust environmental, social, and governance standards.

Silvercorp's dividend declaration reflects its sustained performance in producing silver, gold, lead, and zinc across its mining operations. The Board of Directors has emphasized that future dividend decisions will be based on prevailing market conditions, the company's financial performance, and other relevant factors affecting the mining industry. This measured approach ensures that dividend payments remain sustainable while supporting the company's growth initiatives and operational requirements.

This dividend announcement serves as a positive indicator of Silvercorp's financial health and management's confidence in the company's ongoing mining operations. By maintaining a strategic focus on profitability and sustainable growth, Silvercorp continues to strengthen its position as a competitive player in the global mining industry. The company's balanced approach to shareholder returns and operational investment demonstrates its commitment to long-term value creation while navigating the dynamic commodities market.