#Canada #Vancouver #Silvercorp Metals #New Pacific #Pan American

New Pacific Metals Corp. has successfully finalized its bought deal financing, raising C$40.42 million through the sale of approximately 11.4 million common shares at C$3.55 each. The financing, which was announced earlier on October 14, 2025, involved a syndicate of underwriters that aided in the complete execution of the deal, including an option to purchase additional shares that was fully subscribed. This significant capital infusion is expected to propel the company's exploration endeavors, particularly at its Carangas and Silver Sand projects, while providing support for general corporate purposes. The notable participation by Silvercorp Metals Inc. and Pan American Silver Corp. reflects the growing interest in New Pacific's asset base, as both companies have acquired substantial stakes in the firm through this offering. The strategic financial backing showcases confidence in New Pacific’s potential to capitalize on its promising silver-gold projects in Bolivia. Investors can stay informed by accessing the company’s latest filings and press releases via SEDAR+ and the official website. This marks an important milestone for New Pacific as it enhances its capacity to advance its projects and maximize shareholder value, positioning itself for further growth in the vibrant precious metals market. With a keen focus on exploration and development, New Pacific is poised to make significant contributions to the mining sector while adhering to sustainable practices. The addition of this capital is expected to enable the firm to navigate the complexities of mineral resource development effectively, ensuring a stable trajectory towards achieving its operational goals. Stakeholders and investors are encouraged to keep abreast of future announcements as New Pacific progresses with its exploration initiatives and broader business strategy.