Silvercorp Annual General Meeting Update
VANCOUVER, British Columbia – September 30, 2010 – Silvercorp Metals Inc. (“Silvercorp”) held its Annual General Meeting (the "Annual Meeting") today in which all matters placed before the shareholders were approved. The voting report of the Annual Meeting is available for review on the SEDAR system.
Reminder of Quarterly Dividend of CAD$0.02
Silvercorp will pay its FY2010 second quarter dividend of CAD$0.02 per share on October 21, 2010, to shareholders of record at the close of business on September 30, 2010. The declaration and amount of any future dividends will remain at the discretion of the Board of Directors and may be adjusted in the future based on fluctuations in metal prices and the Company’s cash flows. The dividends are considered eligible dividends for Canadian tax purposes.
About Silvercorp Metals Inc.
Silvercorp Metals Inc. is engaged in the acquisition, exploration, development and mining of high-grade silver-related mineral properties in
For further information: SILVERCORP METALS INC., Rui Feng, Chairman & CEO and Lorne Waldman, Corporate Secretary, Phone: (604) 669-9397, Fax: (604) 669-9387, Toll Free 1(888) 224-1881, Email: