On October 21, 2025, New Pacific Metals Corp. announced the closing of a bought‑deal equity offering that raised approximately C$40.42 million. The company sold 11,385,000 common shares at a price of C$3.55 per share, including the full exercise of the underwriters’ over‑allotment option for an additional 1,485,000 shares.
Silvercorp Metals Inc. and Pan American Silver Corp. were the largest participants, subscribing for 3,083,536 and 1,263,416 shares respectively. After the closing, Silvercorp holds roughly 27.99 % of the company’s outstanding common shares, while Pan American owns about 11.47 % of the shares.
The net proceeds will be allocated to exploration and further development of New Pacific’s Carangas and Silver Sand projects, as well as to working capital and general corporate purposes. This financing provides the company with the necessary liquidity to advance its flagship Bolivian assets and supports its ongoing exploration strategy.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.