New Pacific Academy

New Pacific Announces 2023 AGM Results and Appoints New Directors

Retrieved on: 
Friday, December 1, 2023
Laurentian University, Commerce, Mining, AGM, University, Science, Geology, New Pacific Academy

Final results for all matters voted on at the AGM will be filed on SEDAR+ at www.sedarplus.ca and on the Company's website at www.newpacificmetals.com .

Key Points: 
  • Final results for all matters voted on at the AGM will be filed on SEDAR+ at www.sedarplus.ca and on the Company's website at www.newpacificmetals.com .
  • The Company would like to welcome Andrew Williams and Myles Gao to the Board of Directors.
  • Dr. Rui Feng and Mr. Terry Salman did not stand for re-election as directors.
  • Prior to joining New Pacific, Mr. Williams spent the last 11 years with SEC-registered investment fund Sun Valley Gold LLC, most recently as portfolio manager.

Pan American Silver Corp.: Early Warning News Release

Retrieved on: 
Friday, September 29, 2023
Mining, Minerals, Natural Resources, Indian stock exchange, Senior, PAAS, Corporate communication, Disclosure, Process optimization, Related, Suite, Acquisition, Investment, National instrument, Pan American Silver, Offering, TSX, Pan-American, NYSE, Pan American Petroleum and Transport Company, Airline, New Pacific Academy

Upon completion of the Offering, which occurred on September 29, 2023, Pan American owns, directly and indirectly, 19,807,848 Common Shares representing approximately 11.6% of the outstanding Common Shares.

Key Points: 
  • Upon completion of the Offering, which occurred on September 29, 2023, Pan American owns, directly and indirectly, 19,807,848 Common Shares representing approximately 11.6% of the outstanding Common Shares.
  • Immediately prior to the acquisition, Pan American held 14,724,068 Common Shares, representing approximately 9.34% of the issued and outstanding Common Shares.
  • The foregoing disclosure regarding Pan American’s holdings is being disseminated pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
  • A copy of the early warning report will be filed on New Pacific's SEDAR+ profile at www.sedarplus.ca and may be obtained by contacting Ms. Siren Fisekci, VP, Investor Relations & Corporate Communications for Pan American, at 604-684-1175.

New Pacific Metals Announces C$35 Million Bought Deal Financing

Retrieved on: 
Monday, September 25, 2023
Minority, Indian stock exchange, Silvercorp, Toronto Stock Exchange, New Pacific Academy, Underwriting, Person, Sale, Acquisition, National instrument, NI, Pan American Silver, Offering, NYSE American, TSX, Silvercorp Metals, Pan-American, NEWP, News, NYSE, Security (finance)

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has entered into an agreement with Raymond James Ltd. and Eight Capital (the “Co-Lead Underwriters”), on behalf of a syndicate of underwriters (together with the Co-Lead 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”). The Over-Allotment Option will be exercisable for a period of 30 days following closing.

Key Points: 
  • 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”).
  • The Over-Allotment Option will be exercisable for a period of 30 days following closing.
  • Silvercorp Metals Inc. (“Silvercorp”) has indicated its intent to participate in the Offering by subscribing to 2,541,890 Common Shares representing approximately US$5 million in gross proceeds (approximately C$6.7 million).
  • In addition, Pan American Silver Corp. (“Pan American”) has indicated its intent to participate in the Offering by subscribing to 5,083,780 Common Shares representing approximately US$10 million in gross proceeds (approximately C$13.5 million).

New Pacific Metals Announces C$35 Million Bought Deal Financing

Retrieved on: 
Monday, September 25, 2023
Minority, Indian stock exchange, Toronto Stock Exchange, Silvercorp, New Pacific Academy, Person, Sale, Acquisition, National instrument, NI, Pan American Silver, Offering, NYSE American, TSX, Silvercorp Metals, Pan-American, NEWP, News, NYSE, Security (finance)

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”).

Key Points: 
  • 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”).
  • The Over-Allotment Option will be exercisable for a period of 30 days following closing.
  • Silvercorp Metals Inc. (“Silvercorp”) has indicated its intent to participate in the Offering by subscribing to 2,541,890 Common Shares representing approximately US$5 million in gross proceeds (approximately C$6.7 million).
  • In addition, Pan American Silver Corp. (“Pan American”) has indicated its intent to participate in the Offering by subscribing to 5,083,780 Common Shares representing approximately US$10 million in gross proceeds (approximately C$13.5 million).

New Pacific Metals Announces CEO Transition and New Appointment to the Board

Retrieved on: 
Monday, September 11, 2023
Carangas Province, AGM, Silver, Acquisition, Silvercorp Metals, TSX, NEWP, NYSE, Management, Holding company, New Pacific Academy, Silver sand

VANCOUVER, BC, Sept. 11, 2023 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") announces today that Dr. Rui Feng, New Pacific's founder and Chief Executive Officer ("CEO"), has stepped down as CEO.

Key Points: 
  • VANCOUVER, BC, Sept. 11, 2023 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") announces today that Dr. Rui Feng, New Pacific's founder and Chief Executive Officer ("CEO"), has stepped down as CEO.
  • "Having founded New Pacific and made discovery of the Silver Sand deposit, I left the Company as CEO in April 2020 as a corporate governance initiative.
  • Rui has worked closely with Andrew and the Board is pleased to have Mr. Williams promoted as the CEO.
  • He has been a director and officer of a number of public companies, and is currently the lead independent director of Silvercorp Metals Inc.

Stax Welcomes Matt Fish to Rapidly Expanding New York Team

Retrieved on: 
Wednesday, March 22, 2023
Senior, Industrial production in Shōwa Japan, Consultant, Stax, OC, Corporate services, EY-Parthenon, Growth, CDD, KPMG, Financial services, Management, New Pacific Academy

Fish joins Stax from KPMG US and brings over 20 years advising mid-market and upper mid-market private equity firms and Industrial and Business Services companies on commercial due diligence and growth strategies globally.

Key Points: 
  • Fish joins Stax from KPMG US and brings over 20 years advising mid-market and upper mid-market private equity firms and Industrial and Business Services companies on commercial due diligence and growth strategies globally.
  • "As we continue to bolster our senior leadership team and implement our planful growth strategy, which includes expanding our New York team, I am very excited to welcome Matt to Stax," said Jayson Traxler, President.
  • "Having known Stax leadership for 15 years, it has been awesome to watch the firm achieve a truly unique position in private equity and correspondingly a distinctive offering for consultants," said Matt Fish.
  • Before joining Stax, Fish was Partner and CDD Practice Leader at KPMG US.

New Pacific Intersects 524 Metres Grading 1.24 Grams Per Tonne Gold at the Carangas Project, Bolivia

Retrieved on: 
Tuesday, February 21, 2023
TSX, NEWP, The, Gold, NYSE, Oruro Department, PB, Silver, New Pacific Academy, Figure, The Company, Printed circuit board, Table

Assay results and drill hole specifications are listed in Tables 1 and 2.

Key Points: 
  • Assay results and drill hole specifications are listed in Tables 1 and 2.
  • As reported on August 8, 2022, hole DCAr0044 intercepted 515 m (from 266 m to 781 m) grading 1.10 g/t Au and 6 g/t Ag, including 88 m grading 2.57 g/t Au, 9 g/t Ag and 0.12% Cu (Figure 2).
  • In addition, high gold assay grades also occur along the contacts of rhyolites with strongly altered volcanoclastic rocks, implying that gold mineralization is related to the rhyolite intrusion.
  • The mineralized rhyolites in hole DCAr0096 are likely part of a feeder zone to the northeast whereas previously, gold mineralization was thought to have extended to the south at depth.

NEW PACIFIC APPOINTS ANDREW WILLIAMS AS PRESIDENT

Retrieved on: 
Thursday, January 26, 2023
University, Mining, Multilateral, Toronto Stock Exchange, Knowledge, Financial assistance (share purchase), NEWP, NYSE, TSX, Growth, Silver sand, Commerce, The Company, Minority, MI, Security (finance), New Pacific Academy, Carangas Province

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.

Key Points: 
  • 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.
  • Prior to joining New Pacific, Mr. Williams spent the last 11 years with SEC-registered investment fund Sun Valley Gold LLC, most recently as portfolio manager.
  • Mr. Williams began his career at Deloitte providing audit and financial advisory services to mining companies in Vancouver.
  • Dr. Rui Feng, CEO and Founder of New Pacific, commented, "We are very pleased to welcome Andrew to the New Pacific team.

New Pacific Intersects 505 Metres Grading 1.22 Grams Per Tonne Gold at the Carangas Project, Bolivia

Retrieved on: 
Tuesday, January 24, 2023
Figure, The, NEWP, NYSE, TSX, New Pacific Academy, Central Valley, Gold, The Company, AG, Oruro Department, PB, Mining, Telescopic sight, Carangas Province

At Carangas, thick gold mineralization occurs beneath a shallow silver horizon measuring approximately 1,000 metres ("m") long, 800 m wide and up to 200 m thick.

Key Points: 
  • At Carangas, thick gold mineralization occurs beneath a shallow silver horizon measuring approximately 1,000 metres ("m") long, 800 m wide and up to 200 m thick.
  • Hole DCAr0094 intersected, from 228.5 m to 733.12 m, a 504.62 m gold interval grading 1.22 grams per tonne ("g/t") gold ("Au") and 13 g/t silver ("Ag"), including a 124.69 m higher grade interval (from 479.46 m to 604.15 m) grading 2.77 g/t Au, 14 g/t Ag and 0.11% copper ("Cu"), including a 44.73 m sub-interval (from 559.42 m to 604.15 m) grading 5.03 g/t Au, 19 g/t Ag and 0.16% Cu.
  • The hole also intersected, from 47.65 m to 149.23 m, a 101.58 m silver interval grading 64 g/t silver equivalent ("AgEq"), comprising 18 g/t Ag, 0.2%Pb, and 0.85% Zn.
  • From 171.34 m to 685.0 m, the hole intersected a 513.66 m gold interval grading 0.72 g/t Au and 7 g/t Ag, including a 112.11 m interval (from 450.42 m to 562.53) grading 1.82 g/t Au and 9 g/t Ag.

New Pacific Metals Reports Results of the Preliminary Economic Assessment of the 100% owned Silver Sand Deposit, Bolivia

Retrieved on: 
Monday, January 9, 2023
CCD, PEA, ROM, Silver, Zinc, Merrill–Crowe process, Silver sand, Mining, NP1, New Pacific Academy, Mineral resource estimation, News, Resource management, EP1, LOM, Mineral, Iron ore, Dam, Oil

Open-pit mining is anticipated to commence in Year -1, with 18.5 million tonnes of pre-production mining.

Key Points: 
  • Open-pit mining is anticipated to commence in Year -1, with 18.5 million tonnes of pre-production mining.
  • This PEA study confirms New Pacific's commitment to enhancing value at the Silver Sand Project through engineering studies and resource definition.
  • It has highlighted several key areas that can provide significant key opportunities to further enhance the value of the Silver Sand Project.
  • The Mineral Resources which are stated at a 30 g/t silver cut-off grade are shown in Table 5.