Silvercorp announced that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on November 24, 2023.
It is anticipated that the Common Shares will begin trading on the TSX Venture Exchange on a post-Consolidation basis at market open on the Effective Date: Tuesday, November 14, 2023.
Silvercorp sold approximately 2,515 ounces of gold, 1.6 million ounces of silver, plus lead and zinc, for revenue of $54 million. A conference call to discuss these results will be held today at 12:00 pm EDT.
The silver price is suppressed by the fraudulent trading practices of some commercial banks. There are no expectations for regulatory action to end the COMEX silver manipulation.
The President and CEO of Kootenay Silver Inc., James McDonald, joins GoldSeek TV to discuss the expansion of recent high-grade silver discoveries at its Columba Silver Property.
The initial drill results confirm the potential for additional near-surface mineralized zones located to the west and southwest of the main Oculto deposit and represent new exploration targets.
The company invites all interested parties to view the live webcast of its participation at the 2023 Precious Metals Summit Zurich on November 13th at 3:15 PM CET.