.NET Core Web API Newtonsoft.Json Nuget Dependency Warning - asp.net-core

Question

I have the following Web API solution structure with three projects in a .NET 5 Web Api
.
+-- Api.csproj
| +-- Dependencies
| | +-- Projects
| | | +-- Infrastructure.csproj
| | | | +-- Dependencies
| | | | | +-- Projects
| | | | | | +-- Core.csproj
| | | | | +-- Packages
| | | | | | +-- Serilog.Sinks.Telegram (2.0.1)
| | | | | | | +-- Newtonsoft.Json (11.0.2)
When I build Infrastructure.csproj, it succeeds, but 2 strange issues
Build warning Infrastructure.csproj : warning NU1603: Serilog.Sinks.TelegramClient 2.0.1 depends on Newtonsoft.Json (>= 10.0.0) but Newtonsoft.Json 10.0.0 was not found. An approximate best match of Newtonsoft.Json 10.0.1 was resolved.
Looking in the \debug folder, I don't see any dlls for Serilog or Newtonsoft.
When I build Api.csproj, it succeeds, but again strange issues
Build warning Infrastructure.csproj : warning NU1603: Serilog.Sinks.TelegramClient 2.0.1 depends on Newtonsoft.Json (>= 10.0.0) but Newtonsoft.Json 10.0.0 was not found. An approximate best match of Newtonsoft.Json 10.0.1 was resolved.
Build warning Api.csproj : warning NU1603: Serilog.Sinks.TelegramClient 2.0.1 depends on Newtonsoft.Json (>= 10.0.0) but Newtonsoft.Json 10.0.0 was not found. An approximate best match of Newtonsoft.Json 10.0.1 was resolved.
Looking in the \debug folder of the Api.csproj, I do see Serilog and Newtonsoft dlls.
The Newtonsoft dll in debug has a version of 12.0.3.*
My Questions:
Is it right that there are no Serilog or Newtonsoft dlls in Infrastructure.csproj output folder?
Why am I getting a warning about Newtonsoft for the Api.csproj build when the dll is correctly put into output folder and the version is greater than the warning?