New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia and Canada. The company explores for silver, gold, lead, and zinc deposits. Its flagship property is the Silver Sand property covering an area of 5.42 square kilometers located in the Potosà Department, Bolivia. The company was formerly known as New Pacific Holdings Corp. and changed its name to New Pacific Metals Corp. in July 2017. New Pacific Metals Corp. is headquartered in Vancouver, Canada.
IPO Year: 2021
Exchange: AMEX
Website: newpacificmetals.com
VANCOUVER, BC, Nov. 29, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) today reported that all matters submitted for approval at New Pacific's annual meeting of shareholders ("AGM") held today as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 23, 2024, were approved by the requisite majority of votes cast at the AGM. A total of 130,978,159 common shares, representing 76.37% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.
VANCOUVER, BC, June 26, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) ("New Pacific" or the "Company") is pleased to report the results of its pre-feasibility study ("PFS") for the Silver Sand project (the "Project") in Potosi Department, Bolivia. The PFS is based on the Mineral Resource Estimate (the "MRE") for the Project, which was reported on November 28, 2022 and is reported in accordance with National Instrument 43‐101- Standards of Disclosure for Mineral Projects ("NI 43‐101"). Highlights from the PFS are as follows (all figures in US Dollars):
VANCOUVER, BC, May 7, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and nine months ended March 31, 2024. All figures are expressed in US dollars unless otherwise stated. FINANCIAL RESULTS Net loss attributable to equity holders of the Company for the three and nine months ended March 31, 2024 of $1.27 million and $4.54 million or $0.01 and $0.03 per share, respectively (three and nine months ended March 31, 2023 – net loss of $2.28 million and $6.23 million or $0.01 per share and $0.04 per share, respectively). The Company's financial results were mainly impacted by the following items: Operating expenses for the
VANCOUVER, BC, Feb. 13, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and six months ended December 31, 2023. All figures are expressed in US dollars unless otherwise stated. FINANCIAL RESULTS Net loss attributable to equity holders of the Company for the three and six months ended December 31, 2023 was $1.52 million and $3.27 million or $0.01 and $0.02 per share, respectively (three and six months ended December 31, 2022 – net loss of $1.87 million and $3.96 million or $0.01 per share and $0.03 per s
VANCOUVER, BC, Jan. 31, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX:NUAG) (NYSE:NEWP) ("New Pacific" or the "Company") is pleased to outline its 2024 plans for its operations in Bolivia. Andrew Williams, President and CEO, states: "2024 is expected to be a pivotal year for New Pacific. At our Silver Sand project, we expect to deliver our Preliminary Feasibility Study by mid-year, enabling us to declare mineral reserves for the first time in our Company's history. Simultaneously, with several important initiatives underway, we continue our steady march towards submitting our Environmental Impact Assessment Study. At our Carangas project, we plan to build upon last year's inaugural mine
VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) is pleased to report that all matters submitted for approval at New Pacific's annual and special meeting of shareholders held today ("AGM") as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 25, 2023, were approved by the requisite majority of votes cast at the AGM. A total of 135,408,255 common shares, representing 79.23% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below:
Not for Distribution in the United States or to U.S. Newswire Services VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX:NUAG, NYSE:NEWP) ("New Pacific" or the "Company") announced today that it has closed (the "Closing") the bought deal financing that was previously announced on September 25, 2023. A total of 13,208,000 common shares of the Company (the "Offered Shares") were sold under the Offering (as defined below) at a price of C$2.65 per Offered Share (the "Issue Price") for total gross proceeds of approximately C$35 million (the "Offering"). The Offering was co-led by Raymond James Ltd. and Eight Capital (together, the "Co-Lead Underwrite
VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX:NUAG, NYSE:NEWP) ("New Pacific" or the "Company") announced today that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,208,000 common shares of the Company (the "Common Shares") at a price of C$2.65 per Common Share, for total gross proceeds of approximately C$35 million (the "Offering"). The Company will also grant to the Underwriters an over-allotment option (the "Over-Allotment Option") to purchase up to 1,981,200 additional Common Shares (the "Over-Allotment Shares").
VANCOUVER, BC, Aug. 24, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months and year ended June 30, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 HIGHLIGHTSThe Company filed its independent preliminary economic assessment technical report (the "PEA Technical Report") in respect of the Silver Sand Project on February 16, 2023. The PEA Technical Report shows a post-tax net present value ("NPV") (at a 5% discount rate) of $726 million with an internal return rate ("IRR") of 39%, underpinned by a total silver production of 171 million ounces over 14 years of mine life. The PEA Tech
VANCOUVER, BC, May 8, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and nine months ended March 31, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 Q3 HIGHLIGHTS The Company filed its independent preliminary economic assessment (the "PEA") of the Silver Sand Project on February 16, 2023. The PEA shows a post-tax net present value ("NPV") (at a 5% discount rate) of $726 million with an internal return rate ("IRR") of 39%, underpinned by a total silver production of 17
6-K - NEW PACIFIC METALS CORP (0001369085) (Filer)
6-K - NEW PACIFIC METALS CORP (0001369085) (Filer)
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VANCOUVER, BC, June 26, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) ("New Pacific" or the "Company") is pleased to report the results of its pre-feasibility study ("PFS") for the Silver Sand project (the "Project") in Potosi Department, Bolivia. The PFS is based on the Mineral Resource Estimate (the "MRE") for the Project, which was reported on November 28, 2022 and is reported in accordance with National Instrument 43‐101- Standards of Disclosure for Mineral Projects ("NI 43‐101"). Highlights from the PFS are as follows (all figures in US Dollars):
VANCOUVER, BC, May 7, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and nine months ended March 31, 2024. All figures are expressed in US dollars unless otherwise stated. FINANCIAL RESULTS Net loss attributable to equity holders of the Company for the three and nine months ended March 31, 2024 of $1.27 million and $4.54 million or $0.01 and $0.03 per share, respectively (three and nine months ended March 31, 2023 – net loss of $2.28 million and $6.23 million or $0.01 per share and $0.04 per share, respectively). The Company's financial results were mainly impacted by the following items: Operating expenses for the
VANCOUVER, BC, Feb. 13, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and six months ended December 31, 2023. All figures are expressed in US dollars unless otherwise stated. FINANCIAL RESULTS Net loss attributable to equity holders of the Company for the three and six months ended December 31, 2023 was $1.52 million and $3.27 million or $0.01 and $0.02 per share, respectively (three and six months ended December 31, 2022 – net loss of $1.87 million and $3.96 million or $0.01 per share and $0.03 per s
VANCOUVER, BC, Aug. 24, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months and year ended June 30, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 HIGHLIGHTSThe Company filed its independent preliminary economic assessment technical report (the "PEA Technical Report") in respect of the Silver Sand Project on February 16, 2023. The PEA Technical Report shows a post-tax net present value ("NPV") (at a 5% discount rate) of $726 million with an internal return rate ("IRR") of 39%, underpinned by a total silver production of 171 million ounces over 14 years of mine life. The PEA Tech
VANCOUVER, BC, May 8, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three and nine months ended March 31, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 Q3 HIGHLIGHTS The Company filed its independent preliminary economic assessment (the "PEA") of the Silver Sand Project on February 16, 2023. The PEA shows a post-tax net present value ("NPV") (at a 5% discount rate) of $726 million with an internal return rate ("IRR") of 39%, underpinned by a total silver production of 17
VANCOUVER, BC, Feb. 7, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP), reports its financial results for the three and six months ended December 31, 2022. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 Q2 HIGHLIGHTS The Company reported the results of the preliminary economic assessment (the "PEA") of the Silver Sand Project on January 9, 2023. The PEA shows a post-tax net present value ("NPV") (at a 5% discount rate) of $726 million with an internal return rate ("IRR") of 39%, underpinned by a total silver production of 171 million ounces over 14 years of mine life. Please see "Cautionary Note Regarding Re
VANCOUVER, BC, Jan. 9, 2023 /PRNewswire/ - New Pacific Metals Corp. (TSX:NUAG) (NYSE-A: NEWP) ("New Pacific" or the "Company") is pleased to report the results of the Preliminary Economic Assessment ("PEA") study of its 100% owned Silver Sand Project (the "Project") in Potosi Department, Bolivia. The PEA is based on the Mineral Resource estimate which was reported on November 28, 2022 and is reported in accordance with National Instrument 43-101 ("NI 43-101"). PEA Highlights: Highlights from the PEA, with a base case silver price of US$22.50/oz are as follows (all figures in US Dollars): Pre-Tax NPV (5%) of $1.1 billion and an IRR of 52%, and a Post-Tax NPV (5%) of $726 million and an IRR o
VANCOUVER, BC, Nov. 4, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months ended September 30, 2022. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 Q1 HIGHLIGHTS Completed the 2022 resource infill and step-out drill program at the Silver Sand Project's south block with a total of 19,323 metres ("m") in 86 drill holes. Assay results of all drill holes have been received and released through three news releases on September 19, 2022, May 31, 2022, and April 6, 2022, respectively. The completion of the 2022 drill program provided firm support to the project's ongoing mineral resource esti
VANCOUVER, BC, Aug. 25, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months and year ended June 30, 2022. All figures are expressed in US dollars unless otherwise stated. FISCAL 2022 HIGHLIGHTSCommenced the 2022 drill program at the Silver Sand Project which includes resource infill drilling to improve the confidence in the continuity of mineralization and step-out drilling to test the extension of the major mineralized zones up and down dip as well as on strike. To date, a total of 21,309 metres ("m") in 94 drill holes have been completed, of which assay results for 35 drill holes have been received;Completed the
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, May 17, 2022 /PRNewswire/ -- Investors once again looked to gold as a safe haven to protect their hard-earned cash in Q1 2022 as record inflation pummeled other investment vehicles. Physical demand for gold jumped 34% year-over-year to 1,234 tonnes in the first three months of 2022, according to the World Gold Council, marking the highest quarterly demand increase the gold market has seen since 2018. Demand for physical gold climbed even higher in April to a 10-month high, as global bond prices and stock markets dropped on expectations of higher interest rates. According to BullionVault's Head of Research Adrian Ash, "dev
VANCOUVER, BC, Nov. 29, 2024 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) today reported that all matters submitted for approval at New Pacific's annual meeting of shareholders ("AGM") held today as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 23, 2024, were approved by the requisite majority of votes cast at the AGM. A total of 130,978,159 common shares, representing 76.37% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.
VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) is pleased to report that all matters submitted for approval at New Pacific's annual and special meeting of shareholders held today ("AGM") as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 25, 2023, were approved by the requisite majority of votes cast at the AGM. A total of 135,408,255 common shares, representing 79.23% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below:
VANCOUVER, BC, Jan. 26, 2023 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) is pleased to announce the appointment of Mr. Andrew Williams to the position of President effective immediately. Based in Vancouver and reporting to the CEO, Mr. Williams' main responsibility will be managing the Company's corporate development initiatives, investor relationship program, and financial needs of the Company business. Mr. Williams will also work with CEO and other senior management to provide support for the development of the Company's projects in permitting, development and production and will assist CEO on team building and organization growth to s
VANCOUVER, BC, Dec. 5, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) is pleased to report that all matters submitted for approval at New Pacific's annual meeting of shareholders held today ("AGM") as set out in the Company's Notice of Meeting and Management Information Circular, both dated October 24, 2022, were approved by the requisite majority of votes cast at the AGM. A total of 121,349,139 common shares, representing 77.43% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below: Votes For
VANCOUVER, BC, Jan. 24, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) announces that the board of directors (the "Board") has accepted the resignation of Dr. Mark Cruise as Chief Executive Officer ("CEO") and as director of the Board of New Pacific. The Company wishes Dr. Cruise well in his future endeavours. The Board has appointed Dr. Rui Feng as the CEO. Dr. Feng is the founder of the Company and served as CEO until April 27, 2020. Dr. Feng has stepped down as the Chairman of the Board and Terry Salman has been appointed as the Chairman of the Board. ABOUT NEW PACIFIC New Pacific is a Canadian exploration and development company
VANCOUVER, BC, Dec. 9, 2021 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE American: NEWP) is pleased to announce that, following the annual general meeting of shareholders held on December 3, 2021, the newly elected board of directors (the "Board") of the Company appointed Dr. Rui Feng as the Chairman of the Board. Dr. Feng is the CEO and Chairman of Silvercorp Metals Inc. ("Silvercorp"), the largest shareholder of the Company with ownership of 28.3%. As CEO of New Pacific from 2010 to April 2020 and founder of the Company, Dr. Feng identified, financed and acquired the Silver Sand Project in 2017 in Bolivia. Under his leadership, the Company m
VANCOUVER, BC, Dec. 6, 2021 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUAG) (NYSE:NEWP) is pleased to announce the election of two additional directors, Ms. Maria Tang and Mr. Terry Salman, to its Board of Directors (the "Board") and the voting results of the annual general meeting of the shareholders held on December 3, 2021 (the "AGM"). Mr. Gregory Hawkins did not stand for re-election as a director and ceased to be a director effective December 3, 2021. The Company thanks Mr. Hawkins for his time, services, and contributions during his 11-year tenure. The Chairman of the Board, Jack Austin, said "We are excited to welcome Ms. Tang and Mr. Salman to
Roth MKM analyst Joe Reagor maintains New Pacific Metals (AMEX:NEWP) with a Buy and lowers the price target from $6 to $5.
Roth MKM analyst Joe Reagor maintains New Pacific Metals (AMEX:NEWP) with a Buy and maintains $6 price target.
New Pacific Metals (AMEX:NEWP) reported quarterly losses of $(0.01) per share. This is unchanged from the same period last year.
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