Short description
A China focused precious metals company engaged in the acquisition, exploration, and development of silver containing properties.
Description
Facilitated by China's 1997 Mineral Resource Law (click here), Silvercorp first entered China in 2003 to capitalize on the country's vastly underexplored geological potential. While the Chinese government invested tremendously in geological exploration in the 1950s and 1960s, leading to many discoveries, very little capital or advanced exploration technology was available to exploit them fully. China's 1997 Mineral Resource Law was adopted specifically to enable foreign mining companies to explore and mine in the country -- inviting in the advanced exploration technology, expertise and funding China needed to truly develop its resources.
Last funding
Blurry Noaccess
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Total funding
$$3123123
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Location
Vancouver, British Columbia, Canada, North America
Founded on
October 31, 1991
Exited on
November 6, 2009
Went public on
November 6, 2009
Stock symbol
SVM
Non-profit?
No
Acquired?
No
Employees count
1001-5000
Founders
Rui Feng
Funding rounds count
2
Portfolio organisations count
Noaccessforu, Uh Ohhhh
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Lead investments count
2
Exits count
Absolutely Noaccess, Absolutely Noaccess
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IPO exits count
2