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GlobeNewsWire
11 days ago
New Pacific Metals Announces C$35.1 Million Bought Deal Financing
Not for Distribution in the United States or to U.S. Newswire Services VANCOUVER, British Columbia, Oct. 14, 2025 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX: NUAG; NYSE American: NEWP) (“New Pacific” or the “Company”) announced today that it has entered into an agreement with Raymond James Ltd., to act as sole bookrunner and co-lead underwriter with BMO Capital Markets (the “Co-Lead Underwriters”), on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 9,900,000 common shares of the Company (the “Common Shares”) at a price of C$3.55 per Common Share, for total gross proceeds of approximately C$35.1 million (approximately US$25.1 million) (the “Offering”).