New Pacific Metals Secures Significant Financing for Growth

Author: Dylan Bailey Updated: 10-14-2025 05:01 PM

New Pacific Metals Secures C$35.1 Million Financing

New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) has successfully entered into a bought deal financing agreement. This announcement marks a notable achievement as the company has arranged for the purchase of 9,900,000 common shares at a price of C$3.55 each, amounting to a total of approximately C$35.1 million.

Details of the Offering

The financing agreement includes an over-allotment option, allowing underwriters to purchase up to an additional 1,485,000 shares within 30 days of the closing date. Silvercorp Metals Inc., a significant investor, has expressed interest in participating, intending to acquire shares worth around C$9.86 million.

Use of Proceeds

The net proceeds from this financing are earmarked for progressive exploration and development activities at New Pacific’s key projects, namely the Carangas project and the Silver Sand project. These projects are vital for bolstering the company’s position in the precious metals market.

Listing and Regulatory Approvals

The closing of this offering is anticipated to occur shortly, pending necessary regulatory approvals, including those from the Toronto Stock Exchange and the NYSE American. This meticulous preparation ensures that all conditions are met for a successful transaction.

Investment Opportunity and Market Implications

This financing could serve as a springboard for New Pacific Metals as it continues its commitment to exploration and development in the mining sector. With the backing of substantial investments, the company is poised to expand its resources and grow its market presence.

About New Pacific Metals

New Pacific is recognized as a prominent Canadian exploration company focused on the discovery and development of precious metal resources in Bolivia, particularly the Silver Sand Silver Project, the Carangas Silver-Gold Project, and the Silverstrike Silver-Gold Project.

Contact Information

For further inquiries or information, please contact:

Jalen Yuan,
Interim Chief Executive Officer,
New Pacific Metals Corp.,
1750-1066 Hastings Street, Vancouver, BC V6E 3X1, Canada,
Email: invest@newpacificmetals.com

Peter Lekich,
Director Investor Relations and Corporate Development,
New Pacific Metals Corp.,
Phone: (604) 633-1368 Ext. 223,
1750-1066 Hastings Street, Vancouver, BC V6E 3X1, Canada,
Email: plekich@newpacificmetals.com

Frequently Asked Questions

What is the purpose of the recent financing?

The C$35.1 million financing is aimed at funding exploration and development at New Pacific's key projects while providing general corporate support.

Who are the underwriters involved in the financing?

The financing is by a syndicate of underwriters, although specific names have not been disclosed in the announcement.

What projects will benefit from the proceeds?

The proceeds will specifically support the Carangas project and the Silver Sand project, which are crucial for the company's growth strategy.

Is Silvercorp participating in this financing?

Yes, Silvercorp has indicated their intent to subscribe to a significant portion of the common shares in this offering.

What does this financing signify for New Pacific?

This financing represents a strong vote of confidence in New Pacific's operational strategy and potential for future growth in the mining sector.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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