Silvercorp Metals (SVM) Registration Filing summary

Company overview and business model

• Canadian mining company focused on silver, gold, lead, and zinc production with a history of profitability and growth potential.

• Operates long-life mines in China and holds significant interests in copper-gold and gold projects in Ecuador, as well as other exploration projects.

• Strategy centers on generating free cash flow, growth through drilling and M&A, and commitment to responsible mining and ESG practices.

Financial performance and metrics

• Financial statements are presented in US dollars, with all dollar amounts in the prospectus expressed in Canadian dollars unless otherwise indicated.

• As of June 30, 2025, mineral properties were carried at a book value of approximately US$606.7 million.

• Incorporated by reference are audited financials for years ended March 31, 2025 and 2024, and interim financials for the three months ended June 30, 2025 and 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for growth opportunities, including acquisitions, strategic investments, and capital expenditures for new or existing projects.

• The company retains broad discretion over the use of proceeds, which may be impacted by risk factors affecting business and financial results.