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FAQ: New Pacific Metals Corp. Fiscal Q1 2026 Results and Leadership Updates
TL;DR
New Pacific Metals secured CAD $40.4 million in financing and reduced quarterly losses, positioning investors for potential gains as it develops world-class silver projects.
New Pacific Metals reported a reduced net loss of $0.75 million for Q3 2025, completed a $40.4 million financing, and appointed new CEO Jalen Yuan and CFO Chester Xie.
New Pacific's development of major silver projects in Bolivia could create economic opportunities while advancing sustainable precious metal mining for global industrial needs.
New Pacific Metals operates three Bolivian precious metal projects including Silver Sand, potentially one of the world's largest silver mines, while maintaining $14.88 million in working capital.
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The company reported a net loss of $0.75 million, or $0.00 per share, for the three months ended September 30, 2025, which represents an improvement from the prior-year period's net loss of $1.26 million, or $0.01 per share.
On October 21, 2025, the company closed a bought deal financing, 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 October 23, 2025, New Pacific appointed Jalen Yuan as CEO and Chester Xie as CFO, with Yuan also joining the board of directors.
As of September 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.
New Pacific has three precious metal projects in Bolivia: the flagship Silver Sand project with potential to become one of the world's largest silver mines, the high-margin silver-lead-zinc Carangas project, and the Silverstrike project where a discovery drill program was completed in 2022.
The latest news and updates relating to NEWP are available in the company's newsroom at http://ibn.fm/NEWP, and the full press release can be viewed at https://ibn.fm/vDDUQ.
The company showed improvement, with the net loss decreasing from $1.26 million ($0.01 per share) in the prior-year period to $0.75 million ($0.00 per share) in the current quarter.
New Pacific is a Canadian exploration and development company focused on precious metal projects in Bolivia, with its flagship Silver Sand project having significant potential for silver production.
Curated from InvestorBrandNetwork (IBN)
