Silvercorp Announces Senior Management and Director Changes
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2013) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, providing the Company with leadership and strategic guidance, Dr. Rui Feng is relinquishing the Chief Executive Officer role. The Board of Directors has appointed Myles Gao, Silvercorp's President, as the new Chief Executive Officer. Mr. Gao, P.Geo., first joined Silvercorp as President in 2003 and has also held the position of Chief Operating Officer.
The Company is also pleased to announce the appointment of Malcolm Swallow, P.Eng., to its board of directors. Among his many achievements, from 2008 to 2012 he was a Director and VP Development at Inter-Citic Minerals, a company that developed and sold the Dachang gold project in China to a major Chinese mining company. Mr. Swallow, age 62, is a mining engineer, who brings with him forty years of operating and project management experience, including the evaluation, development, construction, and operation of numerous underground and open pit mines involving precious and base metals.
With his mine engineering background, the appointment of Mr. Swallow brings missing expertise to the Company's Board. Mr. Swallow's appointment maintains the number of directors on the board at seven, as Dr. Robert Gayton, 73, has tendered his resignation in order to lighten his workload and move towards semi - retirement. The Board of Directors has accepted Dr. Gayton's resignation, thanks him for his contributions, and wishes him continued success.
About Silvercorp
Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China which has paid a cash dividend since 2007. 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.
Lorne Waldman
Senior Vice President
(604) 669-9397 or Toll Free 1(888) 224-1881
investor@silvercorp.ca
www.silvercorp.ca
Source: Silvercorp Metals Inc.
If you no longer wish to receive future mailings from Silvercorp Metals Inc., please click
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCTEUR |
CODE : SVM.TO |
ISIN : CA82835P1036 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Silvercorp Metals est une société de production minière d'argent basée au Canada. Silvercorp Metals est productrice d'argent, d'or, de plomb et de zinc en Chine, en développement de projets d'argent, d'or, de plomb et de zinc en Chine, et détient divers projets d'exploration au Canada. Ses principaux projets en production sont YING MINE, BYP, HPG MINE, TLP MINE et XBG en Chine, ses principaux projets en développement sont LM MINE, GAOCHENG (GC) et SHIMENTOU (SMT) en Chine et ses principaux projets en exploration sont NA BAO et GC en Chine et SILVERTIP au Canada. Silvercorp Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 259,5 millions (191,4 millions US$, 172,2 millions €). La valeur de son action a atteint son plus bas niveau récent le 21 décembre 2001 à 0,02 , et son plus haut niveau récent le 02 octobre 2020 à 9,97 . Silvercorp Metals possède 47 442 200 actions en circulation. |