Curated News
By: NewsRamp Editorial Staff
October 21, 2025
New Pacific Metals Raises C$40.4M in Major Financing Deal
TLDR
- New Pacific Metals secured C$40.42 million in financing, strengthening its position to advance silver-gold projects in Bolivia against competitors.
- New Pacific Metals closed a bought deal financing issuing 11,385,000 shares at C$3.55 each through underwriters with Silvercorp and Pan American Silver as major investors.
- This funding enables New Pacific Metals to responsibly develop Bolivian precious metal projects, potentially creating local economic opportunities through sustainable mining practices.
- Silvercorp Metals invested C$10.95 million maintaining a 27.99% stake in New Pacific Metals' Bolivian silver-gold exploration projects through this financing round.
Impact - Why it Matters
This financing represents a crucial development in the precious metals exploration sector, particularly for investors tracking silver and gold opportunities in South America. The substantial C$40.42 million capital raise provides New Pacific Metals with significant resources to advance its Bolivian projects at a time when silver demand continues to grow across industrial and investment sectors. The participation of established mining companies like Silvercorp Metals and Pan American Silver signals strong industry confidence in the company's assets and exploration potential. For market observers, this transaction highlights ongoing investment interest in silver exploration despite market volatility, while for Bolivian mining development, it represents continued foreign investment in the country's mineral resources. The successful financing also demonstrates investor appetite for precious metal projects in emerging mining jurisdictions, potentially paving the way for similar transactions in the sector.
Summary
New Pacific Metals Corp. (TSX: NUAG, NYSE American: NEWP) has successfully completed a major bought deal financing, raising approximately C$40.42 million through the issuance of 11,385,000 common shares at C$3.55 per share. The financing, which included full exercise of the underwriters' over-allotment option, was executed through a syndicate of underwriters under an agreement dated October 15, 2025. This substantial capital infusion represents a significant milestone for the Canadian exploration company and demonstrates strong market confidence in its precious metal projects in Bolivia.
The transaction featured notable participation from two major industry players, with Silvercorp Metals Inc. investing C$10.95 million for 3,083,536 shares to maintain its 27.99% stake in the company. Simultaneously, Pan American Silver Corp. purchased 1,263,416 shares for C$4.49 million, representing 11.47% ownership. Both investments qualified as related party transactions under MI 61-101 but were exempt from valuation and minority approval requirements. These strategic investments from established mining companies underscore the potential value seen in New Pacific's portfolio and provide additional validation for the company's exploration activities.
New Pacific Metals focuses on developing its precious metal projects in Bolivia, including the flagship Silver Sand Silver Project, the recently discovered Carangas Silver-Gold Project, and the Silverstrike Silver-Gold Project. The company operates within the Dynamic Brand Portfolio of IBN, which provides comprehensive corporate communications solutions through platforms like MiningNewsWire. Investors can access additional information through the company's newsroom and stay updated on developments in the Global Mining and Resources sectors through specialized communications platforms that deliver enhanced press release services and social media distribution to reach wide audiences effectively.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, New Pacific Metals Raises C$40.4M in Major Financing Deal
