IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.
The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Lon Shaver, President of Silvercorp Metals Inc. (NYSE American: SVM) (TSX: SVM), a Canadian mining company producing silver, gold, lead, and zinc, with a long history of profitability and growth.
During the interview, Shaver shared how Silvercorp is evolving beyond its silver-focused roots into a diversified, multi-asset producer.
“We’re a growth company in transition. Our recent acquisition brought us into Ecuador, and we remain very active in pursuing new opportunities to grow the company and expand our asset base… We really like to deliver for our shareholders — to be a multi-asset, multi-jurisdiction company within a couple of years.”
He went on to explain the financial strategy behind Silvercorp’s current expansion efforts.
“The roughly $240 million in capital estimated for El Domo… $175 [million] of that will be funded by Wheaton. There’s a stream arrangement in place… The balance — $75 million — we can easily fund that out of cash on hand. So, that will allow us to continue to look at new targets for growth as well as pay our dividend, which arguably is a bit symbolic at present… but it’s really meant to show that good times and bad in the silver market, we intend to give our shareholders a return on their investment.”
Shaver also emphasized what sets the company apart from peers in the sector.
“In addition to being a good operator and a consistent operator with a long track record… we’ve shown through our M&A efforts really a good nose for surfacing value. We’ve seen a number of targets that we thought were good acquisition targets. We didn’t always get them because we didn’t chase them and overpay, but I think we’ve done a good job at finding good opportunities and trying to bring them into the company for our shareholders.”
Join IBN’s Carmel Fisher and Lon Shaver, President of Silvercorp Metals, for a conversation on building a multi-asset portfolio, managing capital efficiency, and delivering value across cycles.
To hear the whole podcast and subscribe for future episodes, visit https://podcast.miningnewswire.com
The latest installment of The MiningNewsWire Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 19 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.
To learn more about IBN’s achievements and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The company’s strategy is to create shareholder value by 1) focusing on generating free cash flow 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, visit the company’s website at www.SilvercorpMetals.com
About IBN
IBN consists of financial brands introduced to the investment public over the course of 19+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.
Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.