#Canada #Vancouver #AGM #New Pacific Metals #Silver Sand

New Pacific Metals Corp. Holds Successful 2024 AGM

On November 29, 2024, New Pacific Metals Corp. (TSX: NUAG, NYSE American: NEWP) conducted its annual general meeting (AGM), during which all proposed matters received the necessary approval from shareholders. This year's meeting saw a significant turnout, with 130,978,159 common shares represented, marking 76.37% of all outstanding shares as of the record date.

The meeting was structured based on the notices issued in both the Meeting Notice and Management Information Circular dated October 23, 2024. This speaks volumes about shareholder engagement and confidence in the company’s future.

Voting Results Overview

The results of the election for directors illustrate robust support:

• - Andrew Williams: Received 104,724,758 votes in favor, accounting for 99.33%.
• - Dickson Hall: Garnered 102,816,082 votes, representing 97.52% approval.
• - Martin Wafforn: Received 104,739,436 votes, with a 99.34% approval rate.
• - Maria Tang: Secured 104,676,192 votes, or 99.28%.
• - Dr. Peter Megaw: Achieved 104,636,052 votes, translating to 99.25%.
• - Paul Simpson: Received 99,577,308 votes, which is 94.45%.
• - Myles Gao: Led with 105,140,583 votes, getting an impressive 99.73%.

The results represent a clear mandate from shareholders for the elected directors to guide the company forward.

Additionally, shareholders also voted to retain Deloitte LLP as the auditors for the ensuing fiscal year, further signaling their confidence in the company's management and governance practices.

Company Profile

New Pacific is a Canadian exploration and development firm committed to precious metal projects primarily based in Bolivia. Among its promising assets, the flagship Silver Sand project stands out with the potential to become one of the world’s largest silver mining operations. The company is also advancing its Carangas project, noted for its high-margin silver-lead-zinc resources. In 2022, New Pacific successfully completed a discovery drill program at their Silverstrike project, indicating their ongoing commitment to exploration and development within the region.

The AGM not only showcased the company's operational achievements but also reaffirmed shareholder trust. For in-depth voting results and further details, these will be published on SEDAR+ at www.sedarplus.ca, as well as on EDGAR at www.sec.gov and the company’s official website at www.newpacificmetals.com.

As it moves forward, New Pacific Metals Corp. stands poised for potential growth and further accomplishments in the precious metals sector, bolstered by a supportive shareholder base committed to the company's vision and operational strategy.

For more insights and latest news, potential investors and interested parties are encouraged to visit New Pacific’s website or to reach out directly through their contact avenues.

Contact Information

For inquiries, you can reach New Pacific Metals Corp. at:
Phone: (604) 633-1368 Ext. 223
Toll-free in Canada: 1-877-631-0593
Email: [email protected]

Stay updated with New Pacific’s endeavors as they navigate the competitive landscape of the mining industry, focusing on sustainability and responsible resource development.