Trading Symbol:  TSX/NYSE AMERICAN: SVM

VANCOUVER, BC, May 22, 2025 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the three months ("Q4 Fiscal 2025") and twelve months ("Fiscal 2025") ended March 31, 2025. All amounts are expressed in US dollars, and figures may not add due to rounding.

HIGHLIGHTS FOR Q4 FISCAL 2025

Processed 345,984 tonnes of ore, and produced approximately 3,110 ounces ("oz") of gold, 1.630 million oz of silver, or approximately 1.917 million oz of silver equivalent1, 16.262 million pounds ("lb") of lead and 4.404 million lb of zinc;Sold approximately 3,465 oz of gold, 1.599 million oz of silver, 16.263 million lb of lead, and 4.488 million lb of zinc, for revenue of $75.1 million;Loss attributable to equity shareholders of $7.6 million, or $0.03 per share;Adjusted net income attributable to equity shareholders1 of $14.7 million, or $0.07 per share, after excluding a $20.6 million charge on the fair value of derivative liabilities related to convertible notes and warrants, and other non-cash or non-routine items;Cash costs per oz of silver, net of by-product credits1, of $2.49;All-in sustaining costs per oz of silver, net of by-product credits1, of $14.31;Generated cash flow from operating activities of $30.7 million;Spent and capitalized $9.9 million on exploration, development, and equipment and facilities for the China operations;Spent and capitalized $3.1 million for the El Domo project;Ended the period with cash and cash equivalents and short-term investments of $369.1 million, an increase of $14.5 million from the previous quarter, and a portfolio of equity investment with a total market value of $70.9 million. The Company also has a stream financing credit of $175 million available for the El Domo project construction.