Silvercorp (TSX/NYSE: SVM) files Hong Kong listing plan with Global Offering

Rhea-AI Filing Summary

Silvercorp Metals Inc. has filed a listing application with the Hong Kong Stock Exchange for a proposed triple primary listing of its common shares on the Main Board, alongside a potential global offering of those shares. A redacted draft disclosure document is available on the Hong Kong Stock Exchange website and SEDAR+ and will also be submitted on EDGAR under Form 6-K.

The company emphasizes there is no assurance the Hong Kong listing or global offering will proceed. Any shares in the global offering would not be qualified by prospectus in Canada and would be offered outside the United States under Regulation S, without registration under the U.S. Securities Act, except where an exemption applies.

Insights

Capital markets analyst

Silvercorp pursues Hong Kong listing with conditional global share offering.

Silvercorp Metals Inc. is seeking a triple primary listing on the Hong Kong Stock Exchange, paired with a potential global offering of common shares. This could broaden its investor base by adding an Asian listing venue alongside existing Canadian and U.S. listings.

The outcome is uncertain because the listing and offering depend on regulatory approvals and market conditions, and the company does not disclose the potential deal size or timing in this communication. Shares in the contemplated global offering would be sold outside the United States under Regulation S and are not qualified by prospectus in Canada.

Investors may later look to future company disclosures and the draft Hong Kong listing document for more detail on terms, use of proceeds, and how a completed transaction might affect capital structure and trading liquidity across exchanges.

Key Terms

triple primary listing, Global Offering, Regulation S, forward-looking statements, +1 more

5 terms

triple primary listing financial

"in connection with a proposed triple primary listing (the “Listing”) of its common shares"

A triple primary listing is when a company keeps full, equal stock listings on three different regulated exchanges and complies with each exchange’s ongoing reporting and disclosure rules. For investors it matters because shares can be bought and sold in more places—improving liquidity and access like a store opening in three neighborhoods—but it also brings extra reporting requirements, multiple currencies and differing trading hours that can affect price and risk.

Global Offering financial

"on the Main Board of the Hong Kong Stock Exchange together with a global offering (the “Global Offering”) of the Shares"

A global offering is when a company sells its shares or other securities to investors in multiple countries at the same time, combining new shares and sometimes existing ones. It matters to investors because it can change how many shares are available, affect the stock’s price and liquidity, and bring in capital or let insiders cash out—much like a concert releasing tickets worldwide at once, expanding the buyer pool and influencing demand and resale value.

Regulation S regulatory

"in reliance upon Regulation S under the Securities Act"

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

forward-looking statements regulatory

"This news release includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Listing Application financial

"filed an application (the “Listing Application”) with the Stock Exchange of Hong Kong Limited"

A listing application is a formal request filed with a stock exchange or regulator asking permission for a company’s shares to be traded publicly. It matters to investors because approval opens a new market for buying and selling the stock, increases visibility and regulatory oversight, and often brings detailed financial disclosures; like applying for a store permit before opening, the outcome affects when and how easily investors can trade and value the shares.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2026

Commission File No. 0001-34184

SILVERCORP METALS INC.

(Translation of registrant's name into English)

Suite 1750 - 1066 West Hastings Street

Vancouver, BC Canada V6E 3Xl

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F ¨ Form 40-F x

SIGNATURE

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.

Dated: May 26, 2026	SILVERCORP METALS INC.
	/s/ Jonathan Hoyles
	Jonathan Hoyles
	General Counsel and Corporate Secretary

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EXHIBIT INDEX

EXHIBIT	DESCRIPTION OF EXHIBIT
99.1	News Release – May 25, 2026 – Silvercorp Files Listing Application with the Hong Kong Stock Exchange

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Exhibit 99.1

NEWS RELEASE

Trading Symbol: TSX/NYSE American: SVM

Silvercorp Files Listing Application with the Hong Kong Stock Exchange

VANCOUVER, British Columbia – May 25, 2026 – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to announce that the Company has filed an application (the “Listing Application”) with the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) in connection with a proposed triple primary listing (the “Listing”) of its common shares (the “Shares”) on the Main Board of the Hong Kong Stock Exchange together with a global offering (the “Global Offering”) of the Shares.

A redacted version of the draft disclosure document for the Listing Application is available on the website of the Hong Kong Stock Exchange website at www.hkexnews.hk/app/appindex.html and on SEDAR+ under the Company’s profile at www.sedarplus.ca. A redacted version of the draft disclosure document for the Listing Application will also be submitted under cover of Form 6-K on EDGAR at www.sec.gov. The draft disclosure document for Listing Application contains new and supplemental descriptions of certain aspects of the Company’s business and financial information as required by the Hong Kong Stock Exchange Listing Rules as well as updated disclosures of certain information previously disclosed by the Company in the documents it submits on SEDAR+ and EDGAR.

There is no assurance as to if or when the Listing and the Global Offering will take place. This communication is neither an offer to sell nor a solicitation of an offer to buy, nor shall there be any offer, solicitation, or sale of the Company’s securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

Regulatory

The Shares proposed to be issued in connection with the Global Offering have not been and will not be qualified by a prospectus in any jurisdiction in Canada and may not be offered or sold in Canada except pursuant to an available exemption from prospectus requirements under applicable Canadian securities laws.

The Shares described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “Securities Act”) or any state securities laws in the United States and may not be offered and sold in the United States or to or for the account or benefit of U.S. persons or person in the United States unless the Shares are registered under the Securities Act and any applicable state securities laws, or an exemption from the registration requirements of the Securities Act and any applicable state securities laws are available.

The Shares will be offered and sold only outside the United States to persons that are not, and are not acting for the account or benefit of, U.S. persons or persons in the United States, in reliance upon Regulation S under the Securities Act.

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, please visit our website at www.silvercorpmetals.com.

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For further information

Silvercorp Metals Inc.

Lon Shaver

President

Phone: (604) 669-9397

Toll Free 1(888) 224-1881

Email: investor@silvercorp.ca

Website: www.silvercorpmetals.com

CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS

This news release includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable securities laws relating to, among other things statements regarding the triple primary listing of the Shares on the Hong Kong Stock Exchange and a potential Global Offering. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking information may in some cases be identified by words such as “will”, “anticipates”, “expects”, “intends” and similar expressions suggesting future events or future performance.

We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors, including the Listing and Global Offering are subject to the receipt of all required regulatory approvals, market conditions and other factors; fluctuating commodity prices; recent market events and condition; estimation of mineral resources, mineral reserves and mineralization and metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; climate change; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into existing operations; permits and licences for mining and exploration in China; title to properties; non-controlling interest shareholders; acquisition of commercially mineable mineral rights; financing; competition; operations and political conditions; regulatory environment in China; regulatory environment and political climate in Bolivia, Ecuador and Kyrgyzstan; ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; integration and operations of Adventus and Chaarat ZAAV CJSC; environmental risks; natural disasters; dependence on management and key personnel; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations(including flooding and severe weather); conflicts of interest; internal control over financial reporting as per the requirements of the Sarbanes-Oxley Act; outcome of current or future litigation or regulatory actions; bringing actions and enforcing judgments under U.S. securities laws; cyber-security risks; uncertainties in geopolitical conditions; public health crises; the Company’s investment in New Pacific Metals Corp. and Tincorp Metals Inc.; and the other risk factors described in the Listing Application, the Company’s Annual Information Form and in the Company’s Annual Report on Form 40-F, and other filings with Canadian and U.S. regulators on www.sedarplus.ca and www.sec.gov; could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause our current objectives, strategies and intentions to change. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We cannot guarantee that any forward-looking information will materialize and you are cautioned not to place undue reliance on this forward-looking information. Any forward-looking information contained in this news release represents expectations as of the date of this news release and is subject to change after such date. However, we are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein.

A comprehensive discussion of other risks that impact Silvercorp can also be found in its public reports and filings which are available under its profile at www.sedarplus.ca and www.sec.gov.

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FAQ

What did Silvercorp Metals Inc. (SVM) announce in this Form 6-K?

Silvercorp announced that it filed a listing application with the Hong Kong Stock Exchange for a proposed triple primary listing and related global offering of its common shares. A redacted draft disclosure document is available on the Hong Kong exchange website, SEDAR+, and will be submitted on EDGAR.

What is meant by Silvercorp’s proposed triple primary listing in Hong Kong?

The proposed triple primary listing means Silvercorp seeks to have its common shares primarily listed on the Main Board of the Hong Kong Stock Exchange, in addition to existing listings. This would give the company another major trading venue, subject to approvals and successful completion of the process.

Is Silvercorp’s Hong Kong listing and Global Offering guaranteed to occur?

No, Silvercorp clearly states there is no assurance the Hong Kong listing or related global offering will occur. Both are subject to required regulatory approvals, market conditions, and other factors outlined in the company’s risk disclosures and forward-looking statements discussion.

Can Silvercorp’s Global Offering shares be sold in Canada or the United States?

The shares for the contemplated global offering have not been and will not be qualified by a prospectus in Canada or registered under the U.S. Securities Act. They may only be sold in those markets if an available exemption applies, with the offering conducted outside the United States under Regulation S.

Where can investors find Silvercorp’s Hong Kong listing draft disclosure document?

Investors can access a redacted version of Silvercorp’s draft disclosure document on the Hong Kong Stock Exchange website, on SEDAR+ under the company’s profile, and, once submitted, on EDGAR under a separate Form 6-K, providing additional business and financial information required by Hong Kong listing rules.

What forward-looking risks does Silvercorp highlight about the listing and Global Offering?

Silvercorp notes that the listing and global offering depend on approvals, market conditions, and many operational and regulatory risks. It references commodity price volatility, permitting and political risks in operating jurisdictions, integration of acquisitions, and other factors detailed in its Hong Kong application and Canadian and U.S. filings.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 14.1 KB