Silvercorp Satisfies Another Condition in Connection with OreCorp Offer -January 29, 2024 at 09:01 pm EST

Trading Symbol:           TSX: SVM
                                        NYSE AMERICAN: SVM

VANCOUVER, BC, Jan. 29, 2024 /CNW/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) today announced that it has received authorization of its supplemental listing application from the NYSE American (the “NYSE-A Authorization”) in connection with Silvercorp’s off-market takeover offer (the “Silvercorp Offer”) for all of the shares of OreCorp Limited (“OreCorp”) not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share (the “Transaction”), as described in the Company’s news release of December 26, 2023.

Receipt of the NYSE-A Authorization marks another significant step in the Transaction: Silvercorp will now proceed with issuing a notice in accordance with the Australian Corporations…