SilverCrest Mines Inc.

 TM
SilverCrest Mines Inc.
Profile
Corporate Information
Ticker SVL | Primary Stock Exchange Toronto Stock Exchange
Address:
570 Granville Street, Suite 501
Vancouver, BC V6C 3P1
Phone: 604-694-1730
Fax: 604-694-1761
Web Site:
http://www.silvercrestmines.com
Auditors:
DAVIDSON & COMPANY LLP
I.R. Contact:
Employees: 215
Shareholders:
Founded: 1973
Domicile: British Columbia
Officers:
Graham C. Thody Chairman
Nathan Eric Fier President & Chief Operating Officer
John Scott Drever Chief Executive Officer
Barney Magnusson Chief Financial Officer
Bernard G. Poznanski Secretary
Thomas Keating Controller
Directors:
Dunham L. Craig
John Scott Drever
Nathan Eric Fier
Ross Owen Glanville
Barney Magnusson
George Walter Sanders
Graham C. Thody
Subsidiaries:
Magellan Exploracion S.A. de C.V.
Minera de Cerro Santo S.A. de C.V.
NorCrest Silver Inc.
Nusantara de Mexico S.A. de C.V.
Santa Elena Oro y Plata S.A. de C.V.
SilverCrest de Mexico S.A. de C.V.
SVL Minerals Ltd.
Overview: This company produces gold and silver at its 100%-owned Santa Elena Mine, which is located 150
kilometers northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico.
Incorporated: INCORPORATED in British Columbia May 15, 1998 under the name Lucre Ventures Ltd. as the
continuance of Magic Foods Inc., an Ontario corporation; name changed to Strathclair Ventures Ltd. Sept. 5, 2001
and to SilverCrest Mines Inc. May 23, 2003. Magic Foods Inc. was originally incorporated in Ontario May 22, 1973
as Equitable Mines Limited; name changed to Magic Foods Inc. July 24, 1985.
Background: SilverCrest Mines Inc. is engaged in the acquisition, exploration, development, extraction, and
processing of precious metals in Mexico. The company primarily produces gold and silver. The company's
flagship property is the 100% owned Santa Elena project that comprises 7 mineral concessions totaling 2,726.54
hectares located to the northeast of Hermosillo, the Sonora State. Its other principal property is the La Joya
property, which consists of 15 mineral concessions with a total area of approximately 4,647 hectares located to
the southeast of Durango city, Durango state. The company was formerly known as Strathclair Ventures Ltd. and
changed its name to SilverCrest Mines Inc. in May 2003. SilverCrest Mines Inc. was incorporated in 1973 and is
headquartered in Vancouver, Canada.
Stock Data (Capitalization as of: December 31, 2013)
Stock: Preference no par | Authorized Shares Unlimited | Outstanding Shares None
Stock: Common no par | Authorized Shares Unlimited | Outstanding Shares 108,918,205
Long Term Debt None.COMMON OFFERED: May 11, 2011, the company, through Canaccord Genuity Corp. and
Jennings Capital Inc., offered 18,750,000 Common shares at Canadian Dollar (C$) 1.60 per share; comm., C$0.096
per share. An additional 2,812,500 were available to cover over-allotments. The underwriters also received
1,125,000 compensation warrants, each entitling the underwriters to purchase one Common share at C$1.60 per
share for a term of 24 months.
Stockholders (as of ):
Principal Stockholder:
Transfer Agent: Computershare Trust Co. of Canada, Vancouver, British Columbia
Additional Notes:
Dividends
Common Stock
Exchange
NYSE Amex
TSX Venture Exchange
Year
2013
1
2012
2
2011
2010
2009
High
2.8700
3.0500
2.2600
2.2000
0.9500
Low
1.1300
1.5200
1.0700
0.8100
0.3600
Footnote:
1 Listed Aug. 27; previously traded OTCQX.
2 Prices reported in Canadian Dollars.
This information should not be used for determining a company’s manual exemption status. Only the listing from Corporation Records should be used for that purpose. This report is for informational purposes and should not be
considered a solicitation to buy or sell any security nor is this report considered investment advice. Neither S&P Capital IQ nor any other party guarantees its accuracy or makes warranties regarding results from its usage. S&P
Capital IQ receives compensation from the issuer or an agent thereof for initiating coverage, and for distribution including licensed redistribution of this report, and/or for inclusion in other S&P Capital IQ publications, generally in
amounts up to U.S. $3,995. per year. Redistribution is prohibited without written permission.
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TM
| December 25, 2014
SilverCrest Mines Inc. | Ticker SVL | Primary Exchange Toronto Stock Exchange
Annual Report
IncomeStatement as of Dec. 31 ( US DOLLAR)
Revenues
EXPENSES
Cost of Sales
General and Administrative Expenses
Share-based Compensation
Loss on Derivative Instrument
Depletion, Depreciation and Accretion
Finance Costs
Interest Income
Currency Translation Gain(Loss)
Accretion expense
Earnings before Taxes
TAXES AND OTHER EXPENSES
Provision for Income Tax
Deferred tax expense
Deferred tax - Mexican mining royalty
Net Income (Loss)
SUPPLEMENTARY INFO
Basic EPS
Diluted EPS
2013
2012
38,463,921 70,520,085
(19,895,374)
(6,951,892)
(2,507,893)
(6,134,532)
(18,307,681)
(5,670,898)
(1,477,301)
(3,839,146)
(5,931,042)
(189,389)
277,014 301,683
2,079,678 297,044
(224,000)
21,347,263 35,892,744
(5,450,000)
(1,660,000)
(5,758,000)
(4,156,000)
(1,261,000)
8,479,263 30,475,744
0.08
0.08
0.33
0.32
BalanceSheet as of Dec. 31 ( US DOLLAR)
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents
Short-term Investments
Receivables
Inventory
Prepaid Expenses
Deferred finance costs
Taxes receivable
Total Current Assets
NON CURRENT ASSETS
Deferred finance costs
Exploration and Evaluation Assets
Capital Assets
Value-added Taxes Receivable
Total Assets
LIABILITIES
CURRENT LIABILITIES
Accounts Payable and Accrued Liabilities
Taxes Payable
Deferred Revenue
Total Current Liabilities
NON CURRENT LIABILITIES
Deferred Revenue
Deferred Tax Liability
Asset Retirement Obligations
SHAREHOLDERS' EQUITY
Common Stock - Par Value
Deficit
Accumulated Other Comprehensive Loss
Reserves
Total Shareholders Equity
Total Liabilities & Shareholders Equity
This listing from S&P Capital IQ Market Access Program including Corporate Records should not be used for determining a company's manual exemption
status. Only the listing from Corporation Records should be used for that purpose. Redistribution is prohibited without written permission.
2013
2012
14,435,453 28,147,050
20,000,000
121,308 497,004
12,896,365 12,231,752
387,414 334,812
171,586
6,415,814
34,427,940 61,210,617
261,845
15,675,298 11,059,062
93,142,570 43,445,953
6,355,457
143,507,653
122,071,089
5,275,153 3,576,042
1,155,314
2,627,015 2,476,900
9,057,482 6,052,942
4,034,767 6,473,124
9,043,000 1,625,000
4,238,270 4,015,862
108,676,353
5,923,855
(3,487,505)
103,246,773
(2,555,408)
(1,498,045)
6,021,431 4,710,841
117,134,134
143,507,653
103,904,161
122,071,089
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