<SEC-DOCUMENT>0001176256-22-000274.txt : 20221005
<SEC-HEADER>0001176256-22-000274.hdr.sgml : 20221005
<ACCEPTANCE-DATETIME>20221005155708
ACCESSION NUMBER:		0001176256-22-000274
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20221005
FILED AS OF DATE:		20221005
DATE AS OF CHANGE:		20221005

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILVERCORP METALS INC
		CENTRAL INDEX KEY:			0001340677
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34184
		FILM NUMBER:		221295571

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 1378
		STREET 2:		200 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1S4
		BUSINESS PHONE:		604-669-9397

	MAIL ADDRESS:	
		STREET 1:		SUITE 1378
		STREET 2:		200 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1S4
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>silvercorp6kmcr.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER FOR OCTOBER 5, 2022
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<title>Filed by e3 Filing, Computershare 1-800-973-3274 - SILVERCORP METALS INC. - Form 6-K</title>
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  <p style="TEXT-ALIGN: center"><font size="4"><strong>UNITED STATES</strong></font><br>
    <font size="4"><strong>SECURITIES AND EXCHANGE COMMISSION</strong></font><br>
    <b>Washington, D.C. 20549</b></p>
  <P style="TEXT-ALIGN: center"><B><FONT size=5>FORM 6-K</FONT></B></P>
  <P style="TEXT-ALIGN: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>
  <P style="TEXT-ALIGN: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF<BR>
    THE SECURITIES EXCHANGE ACT OF 1934</B></P>
  <P style="TEXT-ALIGN: center">October 5, 2022</P>
  <P style="TEXT-ALIGN: center">Commission File No. 0001-34184</P>
  <P style="TEXT-ALIGN: center"><B><U><FONT size=6>SILVERCORP METALS INC.<BR>
    </FONT></U></B>(Translation of registrant&#8217;s name into English)</P>
  <P style="TEXT-ALIGN: center"><B>Suite 1750 - 1066 West Hastings Street <BR>
    </B><B><U>Vancouver, BC Canada V6E 3X1<BR>
    </U></B>(Address of principal executive office)</P>
  <P style="TEXT-ALIGN: center">[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F]</P>
  <P style="TEXT-ALIGN: center">Form 20-F [&nbsp;&nbsp; ] Form 40-F [ X ]</P>
  <P style="TEXT-ALIGN: center">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) [&nbsp;&nbsp; ]</P>
  <P style="TEXT-ALIGN: center"><B>Note: </B>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</P>
  <P style="TEXT-ALIGN: center">Indicate by check mark if the registrant is &#8220;submitting&#8221; the Form 6-K in paper as permitted by Regulation S-T &#8220;Rule&#8221; 101(b)(7) [&nbsp;&nbsp; ]</P>
  <P style="TEXT-ALIGN: center"><B>Note: </B>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's &#8220;home country&#8221;), or under the rules of the home country exchange on which the registrant&#8217;s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant&#8217;s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.</P>
  <P style="TEXT-ALIGN: center">Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</P>
  <P style="TEXT-ALIGN: center">Yes [&nbsp;&nbsp; ] No [ X ]</P>
  <P style="TEXT-ALIGN: center">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):</P>
  <P style="TEXT-ALIGN: center">1</P>
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  <P style="TEXT-ALIGN: justify"><B>SIGNATURE</B></P>
  <P style="TEXT-ALIGN: justify">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
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        <TD width="50%" noWrap align=left>Dated: October 5, 2022</TD>
        <TD width="50%" noWrap align=left><B>SILVERCORP METALS INC.</B></TD>
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        <TD width="50%" noWrap align=left>&nbsp;</TD>
        <TD width="50%" noWrap align=left><P style="MARGIN-LEFT: 4%"><U>/s/ Derek Liu</U></P></TD>
      </TR>
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        <TD width="50%" noWrap align=left>&nbsp;</TD>
        <TD width="50%" noWrap align=left><P style="MARGIN-LEFT: 4%">Derek Liu</P></TD>
      </TR>
      <TR vAlign=bottom>
        <TD width="50%" noWrap align=left>&nbsp;</TD>
        <TD width="50%" noWrap align=left><P style="MARGIN-LEFT: 4%">Chief Financial Officer</P></TD>
      </TR>
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  <P style="MARGIN: 0px">&nbsp;</P>
  <P style="TEXT-ALIGN: center">2</P>
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  <P style="TEXT-ALIGN: center">EXHIBIT INDEX</P>
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        <TD width="4%" noWrap align=left><U>EXHIBIT</U></TD>
        <TD width="96%" noWrap align=center><U>DESCRIPTION OF EXHIBIT</U></TD>
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        <TD style="BACKGROUND-COLOR: #ececec" width="4%" noWrap valign=top align=left><A href="exhibit99-1.htm">99.1</A></TD>
        <TD style="BACKGROUND-COLOR: #ececec" width="96%" align=left><A href="exhibit99-1.htm">Material Change Report</A></TD>
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  <P style="TEXT-ALIGN: center">3</P>
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<TYPE>EX-99.1
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<FILENAME>exhibit99-1.htm
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<div align="right"><strong>Exhibit 99.1</strong></div>
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<P style="TEXT-ALIGN: center"><B>FORM 51-102F3</B></P>

<P style="TEXT-ALIGN: center"><B>MATERIAL CHANGE REPORT</B></P>

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   <TD noWrap align=left><B>Item 1.</B></TD>

   <TD noWrap align=left><B>Name and Address of Reporting Issuer</B></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="MARGIN-LEFT: 4%">Silvercorp Metals Inc. (the &#8220;Company&#8221; or &#8220;Silvercorp&#8221;)<BR>Suite 1750 &#8211; 1066 West Hastings Street <BR>Vancouver, BC V6E 3X1</P>

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   <TD noWrap align=left><B>Item 2.</B></TD>

   <TD noWrap align=left><B>Date of the Material Change</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">September 30, 2022</P>

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   <TD noWrap align=left><B>Item 3.</B></TD>

   <TD noWrap align=left><B>News Release</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">A news release announcing the material change was disseminated on September 30, 2022 through Cision and subsequently filed under the Company&#8217;s profile on SEDAR at <U><FONT color=#0563c1>www.sedar.com</FONT></U>.</P>

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   <TD noWrap align=left><B>Item 4.</B></TD>

   <TD noWrap align=left><B>Summary of Material Changes</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">Silvercorp welcomed Ken Robertson to the board of directors. Mr. Robertson is a Chartered Professional Accountant with over 35 years of public accounting experience in Canada and England. He was a Partner and Global Mining &amp; Metals Group Leader with Ernst &amp; Young LLP ("EY"), where he developed extensive experience in initial public offerings, financings, governance, and securities regulatory compliance. Mr. Robertson holds a Bachelor of Commerce degree from McMaster University and the ICD.D designation from the Institute of Corporate Directors.</P>

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   <TD noWrap align=left><B>Item 5.</B></TD>

   <TD noWrap align=left><B>Full Description of Material Change</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">See attached news release.</P>

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   <TD noWrap align=left><B>Item 6.</B></TD>

   <TD noWrap align=left><B>Reliance on subsection 7.1(2) of National Instrument 51-102</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">Not applicable</P>

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   <TD noWrap align=left><B>Item 7.</B></TD>

   <TD noWrap align=left><B>Omitted Information</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">Not applicable.</P>

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   <TD noWrap align=left><B>Item 8.</B></TD>

   <TD noWrap align=left><B>Executive Officer</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">For further information, please contact Lon Shaver, Vice President at 604-669-9397 or at <U><FONT color=#0563c1>investor@silvercorp.ca</FONT></U>.</P>

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   <TD noWrap align=left><B>Item 9</B></TD>

   <TD noWrap align=left><B>Date of Report</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 4%">October 5, 2022</P></DIV><BR>

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<P style="TEXT-ALIGN: justify"><B>NEWS RELEASE</B></P>

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   <TD width="8%" noWrap align=left><B>Trading Symbol</B></TD>

   <TD width="92%" noWrap align=left><B>TSX: SVM</B></TD></TR>

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   <TD width="8%" noWrap align=left>&nbsp;</TD>

   <TD width="92%" noWrap align=left><B>NYSE AMERICAN: SVM</B></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center"><B>SILVERCORP REPORTS 2022 AGM RESULTS AND APPOINTS NEW DIRECTOR</B></P>

<P style="TEXT-ALIGN: justify"><B>VANCOUVER, British Columbia </B><B>&#8211; </B><B>September 30, 2022 </B><B>&#8211; </B><B>Silvercorp Metals Inc. </B>(&#8220;Silvercorp&#8221; or the &#8220;Company&#8221;)</P>

<P style="TEXT-ALIGN: justify">(TSX/NYSE American: SVM) is pleased to report that all matters submitted to shareholders for approval as set out in the Company&#8217;s Notice of Meeting and Information Circular, both dated August 15, 2022, were approved by the requisite majority of votes cast at Silvercorp&#8217;s annual general meeting (&#8220;AGM&#8221;) held today. A total of 101,907,093 common shares, representing 57.58% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below:</P>

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   <TD width="20%"></TD>

   <TD width="20%"></TD>

   <TD width="20%"></TD>

   <TD width="20%"></TD>

   <TD width="20%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="40%" colSpan=2 noWrap align=center><B>Votes For</B></TD>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="40%" colSpan=2 noWrap align=center><B>Withheld</B></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left><B>Director</B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><B>Number</B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><B>Percentage</B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><B>Number</B></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><B>Percentage</B></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>Dr. Rui Feng</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">74,978,190</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">96.08%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">3,057,320</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">3.92%</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>Paul Simpson</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">71,088,697</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">91.10%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">6,946,814</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">8.90%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>David Kong</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">71,335,481</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">91.41%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">6,700,030</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">8.59%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>Yikang Liu</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">76,896,116</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">98.54%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">1,139,394</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">1.46%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>Marina Katusa</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">74,288,517</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">95.20%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">3,746,994</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">4.80%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=left>Ken Robertson</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">76,955,339</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">98.62%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">1,080,171</FONT></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" width="20%" noWrap align=center><FONT style="WIDTH: 46pt; TEXT-ALIGN: right">1.38%</FONT></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify">The Company would like to welcome Ken Robertson to the board of directors. Mr. Robertson is a Chartered Professional Accountant with over 35 years of public accounting experience in Canada and England. He was a Partner and Global Mining &amp; Metals Group Leader with Ernst &amp; Young LLP ("EY"), where he developed extensive experience in initial public offerings, financings, governance, and securities regulatory compliance. Mr. Robertson holds a Bachelor of Commerce degree from McMaster University and the ICD.D designation from the Institute of Corporate Directors.</P>

<P style="TEXT-ALIGN: justify">Shareholders also approved the share-based compensation plan and the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. Final results for all matters voted on at the AGM will be filed on SEDAR at <U><FONT color=#0563c1>www.sedar.com</FONT></U><FONT>&nbsp;</FONT>and on the Company's website.</P>

<P style="TEXT-ALIGN: justify"><B>About Silvercorp</B></P>

<P style="TEXT-ALIGN: justify">Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company&#8217;s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at <U><FONT color=#0563c1>www.silvercorpmetals.com.</FONT></U></P></DIV><BR>

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<P style="TEXT-ALIGN: justify"><B>For further information</B></P>

<P style="TEXT-ALIGN: justify">Silvercorp Metals Inc. </P>

<P style="TEXT-ALIGN: justify">Lon Shaver </P>

<P style="TEXT-ALIGN: justify">Vice President </P>

<P style="TEXT-ALIGN: justify">Phone: (604) 669-9397 </P>

<P style="TEXT-ALIGN: justify">Toll Free 1(888) 224-1881 </P>

<P style="TEXT-ALIGN: justify">Email: investor@silvercorp.ca </P>

<P style="TEXT-ALIGN: justify">Website: www.silvercorpmetals.com</P></DIV><BR>

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