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Silvercorp buys La Yesca

Silvercorp Metals subsidiary New Infini Silver has bought the La Yesca silver-polymetallic project in Mexico. It is expected to follow an established corporate model and list in its own right to give investors full leverage to the newly acquired asset.

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Silvercorp Metals is primarily China-focused, but the La Yesca acquisition marks a reach into jurisdictions further afield

As part of this "incubation model" Silvercorp would retain a controlling interest.

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