New Pacific files prospectus supplement

Executive Summary

• New Pacific Metals Corp. filed a prospectus supplement to qualify the distribution of 9.9 million common shares at $3.55 per share, with an overallotment option for up to 1,485,000 additional shares.
• The offering is expected to close on or about October 21, 2025, subject to regulatory approvals including the Toronto Stock Exchange.
• Proceeds will be used to fund exploration and development activities across its Bolivian precious‑metal projects (Silver Sand, Carangas, Silverstrike).

Key Details

• Offering Size: 9,900,000 common shares at $3.55 per share.
• Overallotment Option: Up to an additional 1,485,000 common shares may be issued upon exercise of the overallotment option at the same offering price.
• Gross Proceeds (estimated): Approximately $35.2 million (9.9 M × $3.55) plus any proceeds from exercised overallotment shares.
• Closing Date: Expected on or about October 21, 2025, pending regulatory approvals.
• Regulatory Requirements: Subject to approval by the Toronto Stock Exchange and other applicable securities regulators.
• Access to Documents: Prospectus supplement available on SEDAR+; copies can be obtained free of charge from Raymond James Ltd. via email (ECM‑[email protected]).
• Use of Proceeds: To fund exploration, development, and related corporate activities for New Pacific’s flagship Silver Sand project and its Carangas and Silverstrike projects in Bolivia.

Notable Quotes

(No direct quotes were provided in the release.)