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Stock impact report

Silvercorp Chinese New Year Update

Silvercorp Metals Inc. Common Shares (SVM) 
US:NYSE Investor Relations: silvercorpmetals.com/investors
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc.’s (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) operations in China are usually suspended two weeks for the Chinese New Year holiday.  During the 2020 holiday season, the Company’s production was suspended on January 17 and was scheduled to re-start on February 1.  Due to the coronavirus situation, China’s central government extended the Chinese New Year holiday by three days to February 3, 2020, and as instructed by the provincial governments, the Company now expects a re-start date of February 10, 2020.  The Company expects to catch-up on the lost production time with shortened holidays in the future. About Silvercorp Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China.  The Company’s goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition Show less Read more
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