Website Disclaimer

Important Information
This website does not constitute an offer to exchange, or a solicitation of an offer to exchange, common stock of Klondex Mines Ltd. (“Klondex”), nor is it a substitute for the Offer and Takeover Bid Circular included in the Registration Statement on Form F-8 (including the Letter of Transmittal and related documents) (collectively, as amended from time to time, the “Exchange Offer Documents”) which will be filed by Silvercorp Metals Inc. (“Silvercorp”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the proposed transaction.  The offer to exchange is made only through the Exchange Offer Documents. INVESTORS AND SECURITY HOLDERS OF SILVERCORP AND KLONDEX ARE URGED TO READ THE EXCHANGE OFFER DOCUMENTS AND OTHER RELEVANT MATERIALS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE OFFER TO EXCHANGE.

Copies of any documents filed by Silvercorp with the SEC are available free of charge through the web site maintained by the SEC at www.sec.gov, by calling the SEC at telephone number 800-SEC-0330 or by directing a request to Silvercorp’s investor relations department by telephone at 1-888-224-1881, fax 604-669-9387 or e-mail at info@Silvercorp.ca or by contacting the Information Agent, Kingsdale Shareholder Services Inc. at 1-888-518-6832.
All information in this website concerning Klondex, including its business, operations and financial results, was obtained from public sources. While Silvercorp has no knowledge that any such information is inaccurate or incomplete, Silvercorp has not had the opportunity to verify any of that information.

Forward-Looking Statements
Certain of the statements made in this website may contain forward-looking statements or information within the meaning of Canadian securities laws and the applicable securities laws of the United States. Such forward looking statements or information include, but are not limited to, statements or information with respect to Silvercorp’s intention with respect to a proposed offer to acquire Klondex; the proposed terms of such an offer; the business, operations and financial performance and condition of each of Silvercorp, Klondex and the proposed combined company and the estimation of mineral resources of Silvercorp, Klondex and the proposed combined company. Forward-looking statements or information are based on a number of estimates and assumptions and are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying estimates and assumptions prove incorrect, actual results may vary materially from those described in forward looking statements or information.  Factors related to such risks and uncertainties, and underlying estimates and assumptions include, among others, the following: Silvercorp’s assessment of the effect of an offer on Silvercorp and on the shareholders of Klondex, the timing and prospects for shareholder acceptance of an offer and the implementation thereof; the satisfaction of any conditions to an offer; the ability of Silvercorp to advance development of the Fire Creek gold project; gold and silver price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated resources, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of mineral exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled “Risk Factors” in Silvercorp’s most recently filed Annual Information Form and Form 40-F with the U.S. Securities and Exchange Commission for the year ended March 31, 2009 and in the section entitled “Risk Factors Related to the Offer” in Silvercorp’s offer and circular included in the Registration Statement filed on Form F-8 with the U.S. Securities and Exchange Commission. Accordingly, undue reliance should not be placed on forward looking statements or information.  We do not expect to update forward-looking statements or information continually as conditions change, except as may be required by law, and you are referred to the full discussion of Silvercorp’s business contained in Silvercorp’s reports filed with the securities regulatory authorities in Canada and the United States.