New Pacific Metals Price Target Announced at C$6.00/Share by BMO Capital Markets

 
                              GAINERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Crown Capital Partners      CRWN      0.51     0.17     50.00         3,000 
Vertiqal Studios            VRTS     0.025     0.01     25.00       258,899 
TVA Group Cl B NV          TVA.B      0.62     0.07     12.73        10,009 
D-Box Technologies Cl A      DBO      0.81     0.07      9.46     1,565,782 
Bri-Chem                     BRY      0.25     0.02      8.70         2,000 
NextSource Materials        NEXT     0.445     0.04      8.54        23,980 
New Pacific Metals          NUAG      3.96     0.31      8.49       281,777 
Osisko Metals                 OM      0.59     0.04      7.27     1,062,561 
Aegis Brands                 AEG       0.3     0.02      7.14        21,015 
AbraSilver Resource         ABRA     10.06     0.66      7.02       346,571 
 
                              LOSERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Prairie Provident Rscs       PPR     0.025    -0.01    -16.67         7,946 
Century Gl Commodities       CNT     0.045    -0.01    -10.00        50,016 
Orla Mining                  OLA     17.51    -1.73     -8.97     2,871,878 
Mountain Province Diamond   MPVD     0.055    -0.01     -8.33       131,424 
Alta Copper                 ATCU      1.08    -0.09     -7.69        50,861 
Colabor Group                GCL      0.19    -0.02     -7.32       138,901 
Accord Financial             ACD      2.00    -0.15     -6.98         8,751 
Bitfarms                    BITF      4.04    -0.30     -6.91     2,732,606 
Sernova Biotherapeutics      SVA     0.135    -0.01     -6.90        72,034 
Verde AgriTech               NPK      1.25    -0.09     -6.72        74,780 
 
 
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Source: Dow Jones Market Data 
 

VANCOUVER, BC, Nov. 28, 2025 /CNW/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (NYSE American: 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 24, 2025, were approved by the requisite majority of votes cast at the AGM. A total of 144,270,137 common shares, representing 78.53% 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                Withheld 
Director         Number       Percentage  Number     Percentage 
Dickson Hall     135,140,930     99.85 %    200,833      0.15 % 
Martin Wafforn   134,236,324     99.18 %  1,105,439      0.82 % 
Maria Tang       135,067,624     99.80 %    274,139      0.20 % 
Jalen Yuan       135,174,921     99.88 %    166,842      0.12 % 
Paul Simpson     130,632,805     96.52 %  4,708,958      3.48 % 
Myles Gao        135,201,511     99.90 %    140,252      0.10 % 
 

Shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. Final results for all matters voted on at the AGM will be filed on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov and on the Company's website at www.newpacificmetals.com.

About New Pacific Metals

New Pacific is a Canadian exploration and development company with precious metal projects in Bolivia, including the Company's flagship project, the Silver Sand Silver Project, the Company's recently discovered Carangas Silver-Gold Project and the Company's third project, the Silverstrike Silver-Gold Project.

On behalf of New Pacific Metals Corp.

Jalen Yuan

CEO and Director

For Further Information

New Pacific Metals Corp.

Phone: (604) 633--1368 Ext. 223

U.S. & Canada toll-free: 1-877-631-0593

E-mail: invest@newpacificmetals.com

For additional information and to receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.

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SOURCE New Pacific Metals Corp.

Copyright CNW Group 2025

VANCOUVER, BC, Nov. 7, 2025 /CNW/ - New Pacific Metals Corp. ("New Pacific" or the "Company") reports its financial results for the three months ended September 30, 2025. All figures are expressed in US dollars unless otherwise stated.

FISCAL 2026 Q1 HIGHLIGHT

• The Company closed a bought deal financing on October 21, 2025. A total of 11,385,000 common shares of the Company were sold under the bought deal financing at a price of CAD $3.55 (approximately $2.53) per common share for total gross proceeds of approximately CAD $40.4 million (approximately $28.8 million). Raymond James Ltd. acted as sole bookrunner, and the Offering was co-led by Raymond James Ltd. and BMO Nesbitt Burns Inc. on behalf of a syndicate of underwriters.
• On October 23, 2025, the Company appointed Mr. Jalen Yuan as Chief Executive Officer ("CEO") and Mr. Chester Xie as Chief Financial Officer ("CFO"). Mr. Yuan has also been appointed to the Company's board of directors. This announcement follows the appointments of Mr. Yuan and Mr. Xie as Interim CEO and Interim CFO, respectively, in April 2025.

FINANCIAL RESULTS

Net loss attributable to equity holders of the Company for the three months ended September 30, 2025 was $0.75 million or $0.00 per share (three months ended September 30, 2024 — net loss of $1.26 million $0.01 per share). The Company's financial results were mainly impacted by the following items:

• Working Capital: As of September 30, 2025, the Company had working capital of $14.88 million.
• Operating expenses for the three months ended September 30, 2025 was $1.32 million (three months ended September 30, 2024 -- $1.61 million).
• Income from investments for the three months ended September 30, 2025 was $0.11 million (three months ended September 30, 2024 -- $0.25 million).
• Foreign exchange gain for the three months ended September 30, 2025 was $0.46 million (three month ended September 30, 2024 -- $0.10 million).

PROJECT EXPENDITURE

The following schedule summarized the expenditure incurred by category for each of the Company's projects for relevant periods:

 
Cost                   Silver Sand   Carangas      Silverstrike  Total 
Balance, June 30, 
 2024                  $ 88,977,334  $ 19,854,042   $ 4,934,555  $ 113,765,931 
Capitalized 
exploration 
expenditures 
--------------------- 
Reporting and 
 assessment                  94,894       190,352             -        285,246 
Drilling and assaying           342         6,763         5,125         12,230 
Project management 
 and support              1,155,235       889,034        37,828      2,082,097 
Camp service                179,873       295,804        17,033        492,710 
Permit and license           12,606        47,818             -         60,424 
Value added tax not 
 claimed                    109,086        44,020         2,046        155,152 
Foreign currency 
 impact                      51,499        26,018         3,058         80,575 
Balance, June 30, 
 2025                  $ 90,580,869  $ 21,353,851   $ 4,999,645  $ 116,934,365 
Capitalized 
exploration 
expenditures 
--------------------- 
Reporting and 
 assessment                     729             -             -            729 
Drilling and assaying             -             -           589            589 
Project management 
 and support                330,707       117,372        12,206        460,285 
Camp service                145,246        35,826         2,476        183,548 
Permit and license               32        15,860             -         15,892 
Value added tax 
 receivable                  36,560         4,525           201         41,286 
Foreign currency 
 impact                   (256,263)      (76,785)      (18,076)      (351,124) 
Balance, June 30, 
 2025                  $ 90,837,880  $ 21,450,649   $ 4,997,041  $ 117,285,570 
 

SILVER SAND PROJECT

For the three months ended September 30, 2025, total expenditures of $0.51 million (three months ended September 30, 2024 - $0.52 million) were capitalized under the project.

CARANGAS PROJECT

For the three months ended September 30, 2025, total expenditures of $0.17 million (three months ended September 30, 2024 - $0.36 million) were capitalized under the project.

SILVERSTRIKE PROJECT

For the three months ended September 30, 2025, total expenditures of $0.02 million (three months ended September 30, 2024 - $0.03 million) were capitalized under the project.

MANAGEMENT DISCUSSION AND ANALYSIS

This news release should be read in conjunction with the Company's management discussion and analysis (the "MD&A") and the audited consolidated financial statements and notes thereto for the corresponding period, which have been filed with the Canadian Securities Administrators and are available under the Company's profile on SEDAR+ at www.sedarplus.ca,on EDGAR at www.sec.gov and on the Company's website at www.newpacificmetals.com.

ABOUT NEW PACIFIC

New Pacific is a Canadian exploration and development company with three precious metal projects in Bolivia. The Company's flagship Silver Sand project has the potential to be developed into one of the world's largest silver mines. The Company is also advancing its robust, high-margin silver-lead-zinc Carangas project. Additionally a discovery drill program was completed at Silverstrike in 2022.

For further information, please contact:

Peter Lekich, VP Investor Relations

New Pacific Metals Corp. Phone: (604) 633-1368 Ext. 223

1750 — 1066 Hastings Street, Vancouver, BC V6E 3X1, Canada

U.S. & Canada toll-free: 1 (877) 631-0593

E-mail: invest@newpacificmetals.com

For additional information and to receive the Company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical facts relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws (collectively, "forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "goals", "forecast", "budget", "potential" or variations thereof and other similar words, or statements that certain events or conditions "may", "could", "would", "might", "will" or "can" occur. Forward-looking statements include, but are not limited to: statements regarding the Company's financial results.

Forward-looking statements are based on a number of estimates, assumptions, beliefs, expectations and opinions of management on the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include fluctuating equity prices, bond prices and commodity prices; calculation of resources, reserves and mineralization; general economic conditions; foreign exchange risks; interest rate risk; foreign investment risk; loss of key personnel; conflicts of interest; dependence on management; uncertainties relating to the availability and costs of financing needed in the future; environmental risks; operations and political conditions; the regulatory environment in Bolivia and Canada; risks associated with community relations and corporate social responsibility; and other factors described in the MD&A, under the heading "Risk Factors", in the Company's most recent annual information form and its other public filings. The foregoing is not an exhaustive list of the factors that may affect any of the Company's forward-looking statements or information.

The forward-looking statements are necessarily based on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates, assumptions, beliefs, expectations and opinions include, but are not limited to, those related to the Company's ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the stabilization of the political climate in Bolivia; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with Corporación Minera de Bolivia by the Plurinational Legislative Assembly of Bolivia; the ability of the Company's Bolivian partner to convert the exploration licenses at the Company's Carangas project to Administrative Mining Contract; the ability of the Company to obtain national recognition of its Carangas project's proposed "State of Necessity" designation; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically required by applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. These forward-looking statements are made as of the date of this news release.

CAUTIONARY NOTE TO UNITED STATES INVESTORS

This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada which differ from the requirements of United States securities laws. All mining terms used herein but not otherwise defined have the meanings set forth in National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101"). Unless otherwise indicated, the technical and scientific disclosure herein has been prepared in accordance with NI 43-101, which differs significantly from the requirements adopted by the United States Securities and Exchange Commission.

Accordingly, information contained in this news release containing descriptions of the Company's mineral deposits may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of United States federal securities laws and the rules and regulations thereunder.

Additional information relating to the Company, including the Company's annual information form, can be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and on the Company's website at www.newpacificmetals.com.

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SOURCE New Pacific Metals Corp.

Copyright CNW Group 2025

VANCOUVER, BC, Oct. 23, 2025 /CNW/ - New Pacific Metals Corp. (NYSE American: NEWP) ("New Pacific" or the "Company") is pleased to announce that it has appointed Mr. Jalen Yuan as permanent Chief Executive Officer ("CEO") and Chester Xie as permanent Chief Financial Officer ("CFO"), effective today. Mr. Yuan has also been appointed to the Company's board of directors (the "Board"). This announcement follows the appointments of Mr. Yuan and Mr. Xie as Interim CEO and Interim CFO, respectively, in April 2025.

After assessing Mr. Yuan's considerable contributions as Interim CEO and his depth of experience having previously served as the Company's CFO, the Board determined that he is the best-qualified individual to continue to advance the Silver Sand and Carangas Projects and build value for our shareholders.

Additionally, the Company announced today that Dr. Peter Megaw's term as a director is ending at the closing of this year's Annual General Meeting and he will not be standing for re-election.

"On behalf of the Board of Directors, I'm pleased to welcome Jalen and Chester in their permanent positions respectively as CEO and CFO. Following a robust period of progress under Jalen's guidance, the Board is pleased to confirm both Jalen and Chester's appointments and looks forward to working with them as we move to the next phase in advancing our projects in Bolivia," Dickson Hall, New Pacific's Board Chair, said in a statement. "I want to thank Dr. Peter Megaw for his invaluable contributions to the Company and the role he played in providing strategic and technical advice to senior management on its exploration activities in Bolivia."

"It is an honour to be appointed CEO of New Pacific," said Mr. Yuan. "The Silver Sand and Carangas Projects represent a world-class opportunity, and I am committed to delivering positive outcomes for our shareholders, our stakeholders in Bolivia, and our team. I look forward to building on our progress and advancing these projects responsibly and successfully."

About New Pacific Metals

New Pacific is a Canadian exploration and development company with three precious metal projects in Bolivia. The Company's flagship Silver Sand project has the potential to be developed into one of the world's largest silver mines. The Company is also advancing its robust, high-margin silver-lead-zinc Carangas project. Additionally a discovery drill program was completed at Silverstrike in 2022.

For Further Information

Peter Lekich, Investor Relations

Phone: (604) 633--1368 Ext. 223

U.S. & Canada toll-free: 1-877-631-0593

E-mail: invest@newpacificmetals.com

For additional information and to receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.

CAUTIONARY NOTE REGARDING FORWARD--LOOKING INFORMATION

Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Such statements include, but are not limited to statements regarding: the future plans, objectives or expectations of the Company.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks relating to: global economic and social impact of public health crisis; fluctuating equity prices, bond prices, commodity prices; calculation of resources, reserves and mineralization, general economic conditions, foreign exchange risks, interest rate risk, foreign investment risk; loss of key personnel; conflicts of interest; dependence on management, uncertainties relating to the availability and costs of financing needed in the future, environmental risks, operations and political conditions, the regulatory environment in Bolivia and Canada, risks associated with community relations and corporate social responsibility, and other factors described under the heading "Risk Factors" in the Company's annual information form for the year ended June 30, 2025 and its other public filings. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information.

The forward-looking statements are necessarily based on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates, assumptions, beliefs, expectations and options include, but are not limited to, those related to the Company's ability to carry on current and future operations, including: public health crisis on our operations and workforce; development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the stabilization of the political climate in Bolivia; the Company's ability to obtain and maintain social license at its mineral properties; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with Corporación Minera de Bolivia, the Bolivian state mining corporation, by the Plurinational Legislative Assembly of Bolivia; the ability of the Company's Bolivian partner to convert the exploration licenses at the Company's Carangas project to Administrative Mining Contract; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically required by applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. These forward-looking statements are made as of the date of this news release.

CAUTIONARY NOTE TO US INVESTORS

This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada which differ from the requirements of United States securities laws. Additional information relating to the Company, including the AIF, can be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and on the Company's website at www.newpacificmetals.com.

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SOURCE New Pacific Metals Corp.

Copyright CNW Group 2025

New Pacific Metals Corp (NUAG) is currently at C$2.95, down C$0.62 or 17.37%

• Would be lowest close since Sept. 11, 2025, when it closed at C$2.85
• On pace for largest percent decrease since Dec. 19, 2022, when it fell 27.7%
• Currently down three of the past five days
• Down 21.54% month-to-date
• Up 73.53% year-to-date; on pace for best year since 2019, when it rose 307.59%
• Down 66.09% from its all-time closing high of C$8.70 on Jan. 5, 2021
• Up 8.46% from 52 weeks ago (Oct. 22, 2024), when it closed at C$2.72
• Down 29.43% from its 52-week closing high of C$4.18 on Oct. 14, 2025
• Up 120.15% from its 52-week closing low of C$1.34 on April 8, 2025
• Traded as low as C$2.95; lowest intraday level since Sept. 15, 2025, when it hit C$2.95
• Down 17.37% at today's intraday low

All data as of 3:10:17 PM ET

Source: Dow Jones Market Data, FactSet

 
                              GAINERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Canaccord Genuity Group       CF     11.83     1.59     15.53       729,689 
Aptose Biosciences           APS      2.04     0.27     15.25         5,364 
Canlan Ice Sports            ICE      4.64     0.59     14.57        10,982 
Questerre Energy             QEC      0.33     0.03     10.00         8,768 
Novo Resources               NVO     0.165     0.02     10.00       927,633 
Black Iron                   BKI     0.125     0.01      8.70       193,872 
Cascades Inc                 CAS     10.37     0.79      8.25       373,246 
NXT Energy Solutions         SFD      0.56     0.04      7.69         3,000 
Coppernico Metals           COPR     0.255     0.02      7.37       130,023 
Canada Packers              CPKR     16.00     0.90      5.96       132,552 
 
                              LOSERS 
 
COMPANY                   SYMBOL      LAST   CHANGE   PERCENT        VOLUME 
-------                   ------      ----   ------   -------        ------ 
Colabor Group                GCL     0.285    -0.35    -54.76     4,216,350 
Vertiqal Studios            VRTS     0.015    -0.01    -25.00         6,238 
Bri-Chem                     BRY      0.22    -0.05    -18.52         1,229 
New Pacific Metals          NUAG      3.35    -0.65    -16.25       370,210 
Minco Silver                 MSV      0.31    -0.05    -12.68        30,500 
Southern Cross Gold Cons    SXGC      7.51    -0.93    -11.02       273,261 
TRX Gold                     TRX      1.01    -0.12    -10.62       123,191 
Avalon Advanced Materials    AVL     0.085    -0.01    -10.53     2,622,644 
Orla Mining                  OLA     17.06    -1.97    -10.35       628,027 
Generation Mining           GENM      0.61    -0.07    -10.29       977,079 
 
 
Only includes stocks with at least 1,000 shares traded today. 
 
Data are delayed at least 15 minutes. 
 
Source: Dow Jones Market Data