NEWS RELEASE TRANSMITTED BY Marketwired
FOR: Silvercorp Metals Inc.
TSX SYMBOL: SVM
NYSE SYMBOL: SVM
MAY 23, 2014
Silvercorp Declares Quarterly Cash Dividend of Cad$0.005
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2014) - Silvercorp Metals
Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM)
today announced that its Board of Directors has declared a quarterly dividend
of CAD$0.005 per share (CAD$0.02 per share on an annual basis) to be paid on or
before July 18, 2014, to shareholders of record at the close of business June
30, 2014. The dividends are considered eligible dividends for Canadian tax
Silvercorp is a low-cost silver-producing Canadian mining company with multiple
mines in China. The Company is currently developing the GC project in southern
China which it expects will become its next operating mine. 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 PLEASE CONTACT:
Silvercorp Metals Inc.
Senior Vice President
(604) 669-9397 or Toll Free 1(888) 224-1881
INDUSTRY: Manufacturing and Production - Mining and Metals
-0- May/23/2014 15:22 GMT
Press spacebar to pause and continue. Press esc to stop.