New Pacific Metals Corp. Shareholders Approve All Matters at Annual Meeting
TL;DR
New Pacific Metals shareholders overwhelmingly approved all matters at the annual meeting, signaling strong investor confidence in the company's leadership and strategic direction.
At New Pacific Metals' annual meeting, 78.53% of eligible votes were cast, with director nominees receiving approval ratings ranging from 96.52% to 99.90%.
New Pacific Metals' successful shareholder meeting supports its mission to develop sustainable precious metal projects in Bolivia, potentially creating economic opportunities for local communities.
New Pacific Metals operates three Bolivian precious metal projects, including the Silver Sand project which could become one of the world's largest silver mines.
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New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced that shareholders approved all matters presented at its annual meeting held on October 24, 2025. The voting results showed strong shareholder participation, with 144,270,137 common shares represented, accounting for 78.53 percent of eligible votes. This level of engagement demonstrates significant investor interest in the company's strategic direction and governance matters.
All director nominees received substantial approval from shareholders, with voting percentages ranging from 96.52 percent to 99.90 percent. The elected directors include Dickson Hall, Martin Wafforn, Maria Tang, Jalen Yuan, Paul Simpson, and Myles Gao. These results indicate strong confidence in the current leadership team as the company continues to advance its precious metal projects in Bolivia. The high approval ratings suggest shareholders are satisfied with the board's oversight and strategic guidance during a critical development phase for the company's mining assets.
The company's operations focus on three precious metal projects in Bolivia, with the flagship Silver Sand project representing a significant opportunity. According to company information, the Silver Sand project has the potential to be developed into one of the world's largest silver mines. Additionally, New Pacific is advancing its Carangas project, which features robust, high-margin silver-lead-zinc deposits. The company also completed a discovery drill program at its Silverstrike project in 2022, indicating ongoing exploration activities across its portfolio.
For investors seeking additional information, the latest news and updates relating to NEWP are available in the company's newsroom at http://ibn.fm/NEWP. The full details of the annual meeting voting results can be viewed in the official press release available at https://ibn.fm/jw4Ms. These resources provide comprehensive information about the company's governance, project developments, and financial performance for current and potential investors.
The shareholder approval comes at a time when mining companies face increasing scrutiny regarding environmental, social, and governance (ESG) factors. The strong support for New Pacific's director slate suggests investors have confidence in the company's approach to these critical issues. As the company moves forward with development plans for its Bolivian projects, maintaining this level of shareholder support will be crucial for securing necessary funding and approvals for mine development and operations.
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Curated from InvestorBrandNetwork (IBN)
