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. The voting results demonstrated substantial shareholder participation, with 144,270,137 common shares represented at the meeting, accounting for 78.53 percent of eligible votes.
All director nominees received strong approval from shareholders, reflecting investor confidence in the company's leadership. Dickson Hall, Martin Wafforn, Maria Tang, Jalen Yuan, Paul Simpson, and Myles Gao were each elected to the board with approval levels ranging from 96.52 percent to 99.90 percent. The high approval percentages indicate shareholders' support for the current management team and their strategic direction for the company.
The voting results come as New Pacific continues to develop its three precious metal projects in Bolivia. The company's flagship Silver Sand project has been identified as having the potential to become one of the world's largest silver mines. Additionally, the company is advancing its Carangas project, which features robust, high-margin silver-lead-zinc deposits. The company completed a discovery drill program at its Silverstrike project in 2022, further expanding its exploration portfolio.
For investors seeking additional information about New Pacific Metals Corp., the latest news and updates relating to NEWP are available in the company's newsroom at http://ibn.fm/NEWP. The full press release detailing the annual meeting results can be viewed at https://ibn.fm/jw4Ms.
The strong shareholder support demonstrated through the voting results has significant implications for the company's future operations. With a stable and approved board of directors, New Pacific can maintain consistent leadership as it advances its Bolivian projects. This stability is particularly important for mining companies operating in international jurisdictions, where consistent management can help navigate complex regulatory environments and maintain positive relationships with local stakeholders.
The approval results also suggest that shareholders are aligned with the company's current strategy, which could facilitate smoother decision-making processes and potentially attract additional investment. For the mining industry, such strong shareholder support serves as a positive indicator of corporate governance and management effectiveness, which can influence how other investors view the company within the competitive precious metals sector.
As global demand for silver continues to grow in both industrial and investment applications, companies like New Pacific that demonstrate strong governance and clear development pathways for their projects may be better positioned to capitalize on market opportunities. The shareholder approval provides a foundation for the company to continue its work developing what could become significant silver production assets in Bolivia, contributing to global silver supply and potentially impacting regional economic development through mining operations.
