NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2026

New Pacific Metals Corp. released its financial results for the three months and year ended June 30, 2026, on September 3, 2026. The company reported a net loss attributable to equity holders of $0.99 million for the fourth quarter of fiscal year 2026 and $4.19 million for the full fiscal year. These figures compare to losses of $0.89 million and $3.76 million, respectively, in the prior-year periods. Operating expenses were recorded at $1.59 million for the fourth quarter and $5.95 million for the full fiscal year. As of June 30, 2026, working capital stood at $37.76 million.

The company’s capitalized exploration balances include $92.76 million for Silver Sand, $22.88 million for Carangas, and $5.04 million for Silverstrike, bringing the total to $120.68 million.

The release recaps several previously disclosed milestones, including the signing of Administrative Mining Contracts for Carangas with AJAM on August 21, 2026. An updated Preliminary Economic Assessment (PEA) for Carangas, effective July 16, 2026, projects a post-tax net present value (NPV) of $2.65 billion, an internal rate of return (IRR) of 35.9%, and an initial capital expenditure of $644.5 million. The assessment outlines a 19-year mine life, 339.0 million ounces of silver-equivalent (AgEq), and a payback period of 2.4 years.

Additional milestones include a Framework Agreement for Cooperation and Coordination with TIOC Carangas signed on February 23, 2026, and the closing of a bought deal financing on October 21, 2025. The company also announced the appointments of CEO Jalen Yuan and CFO Chester Xie on October 23, 2025.

The release includes cautionary language noting that the PEA is preliminary and includes inferred resources. It states that approximately 1.85% of the mineral resources in the economic analysis are located on state-held concessions not currently available to the company. The report further discloses that Bolivia has recently experienced significant social unrest, including protests and blockades that led to a government-declared state of emergency.

New Pacific Metals Corp. (NUAG) released its annual financial results, a routine filing that confirms previously disclosed corporate highlights. The company’s most significant recent developments include the updated Carangas Preliminary Economic Assessment announced on July 16, 2026; the signing of an agreement with AMC on August 26, 2026; a framework agreement with the Carangas community announced on February 23, 2026; and bought deal financing and management appointments announced in October 2025.

The newly reported financial figures do not represent a market-moving event. New Pacific Metals Corp. has no operating revenue, and its net loss for the fiscal year 2026 was $4.19 million, a slight increase from the prior-year loss of $3.76 million. Working capital declined modestly from $39.28 million at March 31, 2026, to $37.76 million at June 30, 2026, a reduction consistent with the normal cash burn of a pre-revenue exploration company.

The release adds routine financial detail but introduces no changes to project economics, resource estimates, guidance, financing, or the permitting timeline beyond what was already announced.

New Pacific Metals Corp. is a Canadian exploration and development company advancing precious metals projects in Bolivia. Its primary assets include the Silver Sand project in Potosí and the Carangas project in Oruro, alongside the earlier-stage Silverstrike project.

The company’s Silver Sand project has a Pre-Feasibility Study (PFS) effective June 19, 2024, which outlines a 13-year mine life with approximately 157 moz of silver over the life of mine. At a silver price of $24/oz, the study reports a post-tax net present value (NPV) of $740 million at a 5% discount rate and a post-tax internal rate of return (IRR) of 37%. Initial capital expenditure is estimated at $358 million.

An updated Preliminary Economic Assessment (PEA) for the Carangas project, effective July 16, 2026, projects a 19-year mine life with initial capex of $644.5 million. The assessment estimates payables of roughly 195.1 moz silver, 1.1 moz gold, 1,453 Mlbs zinc, and 941 Mlbs lead, equivalent to 339.0 moz AgEq. This results in a post-tax NPV of $2.65 billion at a 5% discount rate and a post-tax IRR of 35.9%. This represents a significant increase from the prior PEA dated September 5, 2024, which showed an NPV of approximately $501 million and an IRR of 26%.

Regarding regulatory progress, the company moved from community consultation approval in August 2025 to a framework agreement in February 2026. This was followed by formal prior consultation in July 2026 and the signing of Administrative Mining Contracts in August 2026. Ratification by the Plurinational Legislative Assembly is now pending.