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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.

Silvercorp buys La Yesca Silvercorp buys La Yesca Silvercorp buys La Yesca Silvercorp buys La Yesca Silvercorp buys La Yesca

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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