New Pacific Metals Corp. Announces Leadership Changes and Equity Offering

New Pacific Metals Corp. has reported significant leadership changes and a completed equity offering. On October 23, 2025, Jalen Yuan was appointed as the permanent Chief Executive Officer and a director, while Chester Xie was named the permanent Chief Financial Officer. Additionally, Dr. Peter Megaw's term as a director will end at the close of the upcoming annual general meeting. The company also announced the closing of an equity offering on October 21, 2025, issuing 11,385,000 common shares at C$3.55 per share, raising approximately C$40.42 million. The offering included an over-allotment option, which was fully exercised. Silvercorp Metals Inc. and Pan American Silver Corp. participated in the offering, acquiring significant stakes in the company.