Welcome to our dedicated page for New Pac Metals news (Ticker: NEWP), a resource for investors and traders seeking the latest updates and insights on New Pac Metals stock.
New Pacific Metals Corp (NEWP) delivers comprehensive updates on its Bolivian precious metals exploration through this dedicated news hub. Investors and industry observers will find verified disclosures ranging from drilling results to regulatory milestones, all adhering to Canada's NI 43-101 technical reporting standards.
This resource consolidates essential updates across NEWP's project portfolio, including the Silver Sand silver deposit, Carangas silver-lead-zinc development, and Silverstrike gold exploration. Key materials include earnings reports, resource estimates, metallurgical test results, and community engagement progress.
Users benefit from direct access to primary-source information critical for evaluating the company's operational and financial trajectory. Content types include project feasibility studies, permit approvals, leadership updates, and strategic partnership announcements—all curated for relevance to investment decision-making.
Bookmark this page for streamlined tracking of New Pacific Metals' developments in South America's mining sector. Regular visits ensure timely awareness of material events affecting the company's exploration and resource definition activities.
New Pacific Metals (NYSE American: NEWP) announced the permanent appointments of Jalen Yuan as Chief Executive Officer and Chester Xie as Chief Financial Officer, effective October 24, 2025.
Mr. Yuan is also joining the board after serving as Interim CEO since April 2025; Mr. Xie served as Interim CFO. The board cited Mr. Yuan's prior CFO experience and interim contributions as reasons for the confirmations. The company also said that Dr. Peter Megaw will not stand for re-election to the board at this year’s Annual General Meeting.
New Pacific Metals (NYSE American: NEWP) closed a bought‑deal financing on Oct 21, 2025, issuing 11,385,000 common shares at C$3.55 per share for total gross proceeds of ~C$40.42 million, including full exercise of a 1,485,000‑share over‑allotment option. Silvercorp subscribed for 3,083,536 shares (~C$10.95M) and now owns ~27.99%; Pan American subscribed for 1,263,416 shares (~C$4.49M) and now owns ~11.47%. Proceeds are intended for Carangas and Silver Sand exploration, plus working capital. Offered Shares are not registered under the U.S. Securities Act.
New Pacific Metals (NYSE American: NEWP) entered a bought deal financing to issue 9,900,000 common shares at C$3.55 per share for gross proceeds of approximately C$35.1 million (US$25.1M). The underwriters have a 30-day over-allotment option for up to 1,485,000 additional shares. Silvercorp Metals indicated intent to subscribe to 2,776,950 shares (~C$9.86M), which would result in Silvercorp owning approximately 28.05% of outstanding shares if the over-allotment is not exercised.
Proceeds are designated for exploration and development at Carangas and Silver Sand, working capital, and general corporate purposes. Closing is expected on or about October 21, 2025, subject to regulatory approvals including TSX and NYSE American listing approval.
New Pacific Metals (NYSE American: NEWP) filed a final short form base shelf prospectus in Canada and a corresponding Form F-10 registration statement with the SEC on October 3, 2025 to replace its prior shelf that expired on September 16, 2025. The filings permit offerings of up to US$200,000,000 of common shares, preferred shares, debt, warrants, units or subscription receipts, alone or in combination, during the 25-month effectiveness period, with specific terms set in future prospectus supplements. Documents are available on SEDAR+ and EDGAR. The release notes this is not an offer to sell securities.
New Pacific Metals Corp. (NYSE:NEWP) has announced the filing of its fiscal 2025 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC). The comprehensive filing includes the company's annual audited financial statements, management's discussion and analysis, and annual information form.
The documents are accessible through the company's website and the SEC's website, with printed copies available free of charge to New Pacific securityholders upon written request.
New Pacific Metals (NYSE: NEWP) announced key executive changes as CEO Andrew Williams will step down effective April 15. The company has appointed CFO Jalen Yuan as interim CEO, while Financial Controller Chester Xie will serve as interim CFO.
Yuan, who has served as CFO for 10 years, brings extensive knowledge of the company's Bolivian operations, ensuring continuity during the transition period. The Board of Directors acknowledged Williams' leadership over the past two years, during which he strengthened the company's strategic position in Bolivia.
The company will conduct a comprehensive search for a permanent CEO while maintaining focus on maximizing stakeholder value from its Bolivian assets.
New Pacific Metals (TSX: NUAG, NYSE: NEWP) has outlined its 2025 operational plans for Bolivia. The company, with approximately $18 million in cash and an $8 million budget for 2025, is focusing on advancing permitting for its two major silver projects: Silver Sand and Carangas.
At Silver Sand, the company is working to secure surface rights through land lease agreements, while addressing challenges from illegal miners. For the Carangas Project, the company plans to convert its Exploration License into an Administrative Mining Contract, following a successful Consulta Previa process.
The company has deferred high-cost activities, including a 20,000-meter drill program and feasibility study, until permitting progress advances. Based on technical studies from 2024, the projects have potential to produce nearly 19 million ounces of silver annually.
New Pacific Metals reported financial results for Q4 2024, showing improved performance with reduced losses. Net loss for the three and six months ended December 31, 2024, was $0.74M and $2.00M ($0.00 and $0.01 per share), compared to $1.52M and $3.27M losses in the same periods of 2023.
Operating expenses decreased to $1.59M and $3.20M for the three and six-month periods. The company maintained a strong financial position with working capital of $17.63M. Project expenditures continued across three main projects: Silver Sand ($0.42M), Carangas ($0.39M), and Silverstrike ($0.01M) for the quarter.
Notable improvements include foreign exchange gains of $0.64M and $0.74M for the three and six months, respectively, significantly higher than 2023 figures. Total capitalized project value reached $114.65M by December 31, 2024.
New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) held its annual general meeting (AGM) with 76.37% shareholder participation, representing 130,978,159 common shares. All proposed matters were approved by majority vote. Seven directors were elected with strong approval rates ranging from 94.45% to 99.73%. Shareholders also approved the re-appointment of Deloitte LLP as the company's auditors.
 
             
      