The Facts

Silvercorp Notes Regulators Allege Fraud in Action against Short Seller Jon Carnes

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) - Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) ("Silvercorp" or the "Company") stated that it is pleased to see that the Executive Director of the British Columbia Securities Commission ("BCSC") has issued a notice of hearing alleging fraud on the part of Jon Richard Carnes , an individual who ran a hedge fund and operated the "Alfred Little" financial blog through which attacks were made on Silvercorp. The Company also received confirmation that the BCSC is stopping its investigation into Silvercorp.

See BCSC notice of hearing: http://www.bcsc.bc.ca/release.aspx?id=18774

Silvercorp Fights The "Short And Distort"

Silvercorp Metals Inc. (NYSE/TSX:SVM) is China's largest primary silver producer and the lowest cost producer among its global peers. Silvercorp is Canadian-based with mining, development and exploration projects located in China and Canada. It is highly profitable, pays a dividend and has a successful track record of growing both resources and production.

This site has been created as an information source for Silvercorp’s investors, analysts & other interested parties to learn the facts about Silvercorp & to end the “short & distort” manipulative scheme that has destroyed value for our shareholders.

We welcome you to view all the information provided and invite you to contact us with any questions. Please also visit www.silvercorpmetals.com for information about Silvercorp’s existing projects & future growth prospects.


Chronology of Events
Sep 20, 2011
Sep 14, 2011
Sep 7, 2011
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Email: investor@silvercorp.ca www.silvercorp.ca
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