CLOs on the Move

New Pacific is a Canadian gold and silver exploration and development company which owns the Tagish Lake gold project in Yukon, Canada and the RZY Project in Qinghai Province, China. Silvercorp Metals Inc. (NYSE/TSX : SVM), the largest primary silver producer in China, is the major shareholder. New Pacific Metals in 2010 acquired the Tagish Lake Gold Project in the Yukon. With a strong balance sheet, no debt, and experienced management, the company is well positioned to build shareholder value through discovery and resource development.