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New Pacific Reports Financial Results For The Three and Six Months Ended December 31, 2025

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New Pacific Reports Financial Results For The Three and Six Months Ended December 31, 2025

Executive Summary

New Pacific Metals Corp. released its financial results for the three and six months ended December 31, 2025, reporting net losses of $1.58 million and $2.33 million respectively, compared to $0.74 million and $2.0 million in the prior year period. The company maintains a strong financial position with $41 million in working capital as of December 31, 2025, providing substantial liquidity for ongoing operations and project development.

The most significant development highlighted in the results was Bolivia's political and economic transformation following a government change in November 2025. The new administration has initiated a shift toward a market-oriented economic model and committed to modernizing existing mining laws. These reforms are designed to reduce bureaucracy, strengthen legal certainty, combat illegal mining, and attract foreign investment - all factors that could materially benefit New Pacific's operations in the country.

Project expenditures across New Pacific's portfolio showed mixed activity levels during the reporting period. The flagship Silver Sand project in Potosí saw increased investment with $0.67 million and $1.18 million in expenditures for the three and six-month periods respectively, up from $0.42 million and $0.94 million in the prior year. The Carangas project expenditures were $0.22 million and $0.40 million, while the Silverstrike project maintained minimal spending levels.

The company's strategic position in Bolivia, supported by over a decade of operating experience in the country, positions it well to capitalize on the improving regulatory environment. With the Silver Sand project having potential to become one of the world's largest silver mines and the Carangas project adding scale and regional exploration upside, New Pacific appears well-positioned to benefit from Bolivia's mining sector modernization efforts. The company's dual listing on the CSE and NYSE provides access to North American capital markets while maintaining its focus on Bolivian precious metals development.
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