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 2014 2013 1 2012 2 2011 2010 2009 High 2.7800 2.8700 3.0500 2.2600 2.2000 0.9500 Low 1.1200 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. 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Page 1 TM | February 05, 2015 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 Page 2