New Pacific Reports Financial Results for the Three and Nine Months Ended March 31, 2026

New Pacific Metals Corp. released its financial results for the third quarter and nine months ended March 31, 2026, reporting a net loss attributable to equity holders of $0.87 million for the quarter and $3.20 million for the nine-month period. The company maintained a strong financial position with working capital of $39.28 million as of March 31, 2026, providing substantial liquidity for ongoing operations and development activities.

The quarter's key operational milestone was the signing of a Framework Agreement for Cooperation and Coordination with the Carangas community (TIOC Carangas) on February 23, 2026, regarding the Carangas Silver-Gold project. This agreement establishes a foundation for project development based on transparency, mutual benefits, and long-term cooperation, representing a significant step forward in community relations for the Bolivia-based project.

Project expenditures continued across New Pacific's portfolio, with the Silver Sand project receiving the largest investment at $1.91 million for the nine-month period, followed by the Carangas project at $0.95 million. The Silver Sand project in Potosí, Bolivia, is positioned to potentially become one of the world's largest silver mines, while the Carangas project in Oruro strengthens the company's portfolio through scale and exploration potential.

The company's financial performance reflects the typical expenditure pattern of an exploration and development company advancing permitting-stage precious metals projects. With over a decade of operating experience in Bolivia and strong stakeholder relationships, New Pacific continues to progress its dual-listed strategy on both the Canadian Securities Exchange and New York Stock Exchange, maintaining its focus on developing significant silver and gold resources in South America.