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Silvercorp plans listing for newly acquired Mexico project

Canada’s Silvercorp has announced the acquisition of the La Yesca silver project, in Mexico, and says it plans to list its New Infini subsidiary as an independent public company.

New Infini has acquired a 100% interest in Infini for $9.25-million in cash and a 45% interest in New Infini shares to arm’s length vendors. Infini is a Mexico company that owns the La Yesca project.