Silvercorp Approves Article Amendments and Reappoints Auditor

VANCOUVER, BC, Oct. 2, 2026 /CourierPR/ -- Silvercorp Metals Inc., a Canadian mining company known for producing silver, gold, lead, and zinc, has reported the results of its 2026 annual general and special meeting. The meeting, held today, saw all matters submitted for shareholder approval pass with significant support.

According to the company, a total of 123,182,474 common shares, representing 55.69% of the votes attached to all outstanding shares as of the record date for the meeting, were represented. Shareholders approved a special resolution to amend the company's Articles, aligning them with the listing rules of The Stock Exchange of Hong Kong. The resolution received 96,389,543 votes in favor, or 95.74%, and 4,287,268 votes against, or 4.26%.

Additionally, shareholders passed an ordinary resolution to further amend and restate the company's share-based compensation plan. This resolution garnered 85,182,202 votes in favor, or 84.51%, and 15,613,836 votes against, or 15.49%.

The meeting also saw the re-appointment of Deloitte LLP as the company’s auditor for the ensuing year. The final results for all matters voted on at the meeting will be filed on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and on the company’s website at www.silvercorpmetals.com.

Silvercorp Metals Inc. continues to focus on generating free cash flow from long-life mines, organic growth through extensive drilling, ongoing merger and acquisition efforts, and a long-term commitment to responsible mining and environmental sustainability. The company’s strategy is to create shareholder value by focusing on these key areas.

The amendments to the Articles and the share-based compensation plan reflect the company’s ongoing efforts to align with regulatory requirements and enhance its governance and compensation practices. Shareholders’ support in these matters underscores the company’s commitment to transparency and accountability.

The results of the meeting are significant for Silvercorp’s stakeholders, as they ensure the company remains compliant with listing rules and continues to provide a robust framework for its operations and governance. The re-appointment of Deloitte LLP as the auditor further strengthens the company’s financial oversight and reporting processes.