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The Silvercorp (SVM) implosion: Rui Feng “has been resigned”

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 18, 2013) – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX:SVM)(NYSE:SVM) announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, providing the Company with leadership and strategic guidance, Dr. Rui Feng is relinquishing the Chief Executive Officer role. The Board of Directors has appointed Myles Gao, Silvercorp’s President, as the new Chief Executive Officer. Mr. Gao, P.Geo., first joined Silvercorp as President in 2003 and has also held the position of Chief Operating Officer. 

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