Nova Pacific Metals Bolsters Advisory Board and Announces Marketing Agreement
Rhea-AI Summary
Nova Pacific Metals Corp (CSE: NVPC) (OTCQB: NVPCF) has announced two significant developments. First, the company has appointed Craig Williams, a Canadian mining industry veteran, to its strategic advisory board. Williams, who is the Owner and President of Red River Energy Consultants, brings extensive experience having overseen projects valued at over US$1 billion in exploration and resource definition, with clients including Suncor Energy, BP, and Syncrude Canada LP.
Additionally, the company has entered into an investor relations agreement with i2i Marketing Group, for corporate marketing and investor awareness services. The agreement, dated February 4th, 2025, involves an initial payment of $350,000 USD for a six-month term ending August 3rd, 2025. The services include content creation management, author sourcing, project management, and media distribution.
Positive
- Appointment of experienced mining veteran Craig Williams to advisory board
- Williams brings track record of managing $1B+ exploration projects
- Strong client portfolio including major companies like Suncor, BP, and Syncrude
Negative
- Significant marketing expense of $350,000 USD for six-month IR services
News Market Reaction
On the day this news was published, NVPCF gained 21.07%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to announce the appointment of Craig Williams, a Canadian mining industry veteran, to Nova Pacific's strategic advisory board.
This strategic move signals Nova Pacific's commitment to leveraging top-tier expertise as it advances its ambitious exploration and development plans at its Lara Volcanogenic Massive Sulfide (VMS) project. Mr. Williams brings a wealth of experience that spans decades in the mining and energy sectors, promising to inject valuable insights and industry connections into Nova Pacific's growth trajectory.
Nova Pacific's CEO expressed enthusiasm about the appointment, stating, "We're absolutely delighted to welcome Mr. Williams to our advisory board. His extensive experience in the Canadian mining landscape, particularly his track record with major mining companies and his vast network, will be instrumental in advancing Nova Pacific's strategic agenda for the Lara deposit on Vancouver Island."
Craig Williams, stated, "I'm thrilled to join Nova Pacific Metals at this pivotal moment in their journey. The potential of their Lara Project is truly exceptional. From what I've seen, we could be looking at significant potential to redefine the company's position in the market. I'm excited to contribute my expertise to help unlock the full value of this asset and drive Nova Pacific's growth strategy forward."
Mr. Craig Williams
Mr. Williams brings an impressive pedigree to Nova Pacific's advisory board:
As Owner and President of Red River Energy Consultants, he has overseen projects valued at over US
$1 billion in exploration and resource definition.His clients include Suncor Energy Inc, BP, and Syncrude Canada LP.
A registered Professional Geologist with APEGA, Mr. Williams combines technical acumen with business savvy.
As Nova Pacific Metals continues to advance the Lara gold, silver, zinc and copper deposit the addition of Craig Williams to its advisory board marks a significant contribution to the Company's vision of becoming a significant producer in British Columbia.
Marketing Agreement
The Company also announces it has entered into an investor relations agreement with i2i Marketing Group, LLC ("i2i Marketing") dated February 4th, 2025, to provide corporate marketing and investor awareness services to the Company in exchange for an initial aggregate amount of
Rights of Indigenous Communities Statement
Nova Pacific operates on the Traditional, Ancestral and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, a politically-unified group that represents six Hul'qumi'num-speaking First Nations: Cowichan, Penelakut, Lyackson, Halalt, and Lake Cowichan.
The Company's entire team is committed to establishing lasting relationships with local communities by fostering inclusion and contributing to a shared prosperity.
About Nova Pacific
Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia. This brownfields, polymetallic, development project boasts a significant historic resource rich in critical and precious metals situated in a prime location with excellent infrastructure. Nova Pacific's forward-looking strategy includes confirmation and infill drilling this spring, completion of an updated mineral resource estimate (MRE) and preparation of a Pre-Feasibility Study in late Q3, if and as required. The Company is committed to creating value for its shareholders while maintaining environmental responsibility and strong community relationships.
For additional information please visit: www.novapacificmetals.com
On behalf of the Board of Directors
J. Malcolm Bell
Chief Executive Officer, Director
Investor inquiries, or for further information, please contact:
Nova Pacific Metals Corp.
info@novapacificmetals.com
+1-416-918-6785
The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release.
Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information including, without limitation, statements regarding the Company's exploration plans and the perceived benefits of the new member of the strategic advisory board. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company's actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239679
FAQ
What experience does Craig Williams bring to Nova Pacific Metals (NVPCF)?
How much is Nova Pacific Metals (NVPCF) spending on marketing services with i2i Marketing?
What services will i2i Marketing provide to Nova Pacific Metals (NVPCF)?
What is the duration of Nova Pacific Metals' (NVPCF) marketing agreement with i2i Marketing?
Where is Nova Pacific Metals' (NVPCF) Lara VMS project located?
