This article has been disseminated on behalf of New Pacific Metals Corp. and may include paid advertising.
New Pacific Metals (TSX: NUAG) (NYSE American: NEWP) reported a net loss of $0.75 million, or $0.00 per share, for the three months ended Sept. 30, 2025, compared with a net loss of $1.26 million, or $0.01 per share, in the prior-year period. The company closed a bought deal financing on Oct. 21, 2025, selling 11,385,000 common shares at CAD $3.55 per share for total gross proceeds of approximately CAD $40.4 million (US$28.8 million), with Raymond James Ltd. acting as sole bookrunner and co-lead with BMO Nesbitt Burns Inc. On Oct. 23, 2025, New Pacific appointed Jalen Yuan as CEO and Chester Xie as CFO, with Yuan also joining the board of directors. As of Sept. 30, 2025, the company reported working capital of $14.88 million, operating expenses of $1.32 million, investment income of $0.11 million, and a foreign exchange gain of $0.46 million.
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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.
NOTE TO INVESTORS: The latest news and updates relating to NEWP are available in the company’s newsroom at http://ibn.fm/NEWP
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