New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced that shareholders approved all matters presented at the company's annual meeting held on October 24, 2025. A total of 144,270,137 common shares were represented at the meeting, accounting for 78.53 percent of eligible votes. The voting results demonstrate strong shareholder support for the company's leadership and strategic direction as it develops its portfolio of precious metal projects in Bolivia.
All six director nominees were elected with significant approval margins. Dickson Hall, Martin Wafforn, Maria Tang, Jalen Yuan, Paul Simpson, and Myles Gao received approval levels ranging from 96.52 percent to 99.90 percent. The high approval rates indicate shareholder confidence in the current board's ability to guide the company through its development phase. New Pacific Metals is a Canadian exploration and development company focused on three precious metal projects in Bolivia, with its flagship Silver Sand project having the potential to become one of the world's largest silver mines.
The company is also advancing its Carangas project, which contains robust, high-margin silver-lead-zinc deposits. Additionally, New Pacific completed a discovery drill program at its Silverstrike project in 2022. These developments are significant for investors and the mining industry as global demand for silver continues to grow across industrial and investment sectors. The shareholder approval comes at a critical time for the company as it moves these projects toward production.
Investors seeking additional information about New Pacific Metals can access the company's newsroom at http://ibn.fm/NEWP. The voting results were disseminated through InvestorWire, a specialized communications platform that provides wire-grade press release syndication services. InvestorWire is part of the Dynamic Brand Portfolio that delivers comprehensive corporate communications solutions, including article syndication to over 5,000 outlets and social media distribution to millions of followers. More information about InvestorWire's services is available at https://www.InvestorWire.com.
The strong shareholder support for New Pacific Metals' leadership comes as the company positions itself to capitalize on Bolivia's mineral resources. With silver prices showing volatility amid changing market conditions and technological demand, the development of large-scale silver projects like Silver Sand could significantly impact global silver supply. The company's progress in Bolivia represents not only potential returns for shareholders but also economic development opportunities for the host country. As New Pacific advances its projects through exploration and toward production, the mining industry will be watching how these Bolivian assets contribute to meeting global silver demand in coming years.
