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Warrants Alert

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Address: 1378 - 200 Granville St
Vancouver BC V6C 1S4
Phone: 604 669 9397
Fax: 604 669 9387
Website - http://www.silvercorp.ca/
 
Warrant Symbol - SVM.WT
Number Trading - 1,250,623
Expiration Date - October 26, 2008
Cusip - 82835P 11 1
Exercise Price - $24.00


Warrants called to trade news:
 
Silvercorp to list 1,250,623 warrants on Sept. 10
 
2007-09-06 18:17 MT - Warrants Called to Trade
TSX bulletin 2007-1271
A total of 1,250,623 common share purchase warrants of Silvercorp Metals Inc. will be listed and posted for trading at the open on Monday, Sept. 10, 2007, under the following trading information:


Warrant symbol: SVM.WT
Warrant Cusip No.: 82835P 11 1
Trading currency: Canadian dollars
Designated market-maker: GMP Securities LP
Other markets: None


The warrants were issued in connection with a prospectus offering of units in April, 2006, each unit consisting of one common share and one-half of a warrant.
Each warrant entitles the holder to purchase one common share of the company at a price of $24 per share at any time prior to 5 p.m. (Toronto time) on Oct. 26, 2008.
The warrants are governed by the terms of a warrant indenture dated April 20, 2006, between the company and Computershare Trust Co. as warrant agent and an amending agreement to the warrant indenture dated Aug. 24, 2007. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

 

Vancouver, British Columbia – August 23, 2007 – Silvercorp Metals Inc. (“Silvercorp”)
announced today that it has received conditional approval from the Toronto Stock Exchange to extend the expiry date of the 1,250,623 common share purchase warrants issued by Silvercorp in its April 2006 bought deal financing from October 26, 2007 to October 26, 2008. The exercise price of these warrants remains unchanged at $24.00 and none of the warrants are held by insiders. The effective date of the change will be September 7, 2007.

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