TSX-V : NUX
TSX-V : NUX 7/29/2010 10:25:05 AM ET
New Pacific Metals Corp. New Pacific Metals is a Canadian-based advanced junior gold exploration company engaged in the exploration and development of gold-polymetallic projects in China. Silvercorp Metals Inc. (TSX: SVM), the primary silver producer in China, is the major shareholder with an interest of 23%. The company's flagship property, the Huaiji Gold Project, located in southern China, has an inferred resource of 162,396 oz gold. The company has staked the Eva Lake Property of 260 km2 in BC, Canada, in June, 2010.With $10 million in working capital, no debt and experienced management, the company is well positioned to build shareholder value through discovery and resource development.
News Release
News Release: 2008




Oct 28, 2008

New Pacific Metals Corp. Announces Results of Continuous Disclosure Review With BCSC

VANCOUVER, BRITISH COLUMBIA - (Oct. 28, 2008) - New Pacific Metals Corp. (TSX.V:NUX) ("NUX" or the "Company"), is issuing the following press release as a result of a continuous disclosure review by the British Columbia Securities Commission ("BCSC").

BCSC advised NUX that it had reviewed the Company's disclosure records, available to the public at www.sedar.com, and provided the Company with various comments in respect of its annual and interim Management Discussion and Analysis ("MD&A") for June 30, September 30, December 31, 2007 and March 31, 2008 (the MD&As), and the Annual Information Form (AIF) of the Company for the year ended June 30, 2008.

As a result of the review, to clarify the Company's disclosure, NUX has filed amended and restated MD&As. The amendment and restatement of the MD&As for each of the applicable periods, involved revisions necessary to more adequately address National Instrument 51-102F1 Continuous Disclosure Obligations. In addition the Company plans to file an amended AIF to address technical disclosure issues raised. None of the amendments include any changes in any dollar amounts to any of the previously filed financial statements.

About New Pacific Metals Corp.

New Pacific Metals Corp. is exploring for gold-polymetallic and base metals in the provinces of Guangdong and Sichuan, China.


For Further Information:

NEW PACIFIC METALS CORP.
Lou Duarte Director, Phone: +1 (604) 633-1368, Fax: +1 (604) 669-9387, Email: info@newpacificmetals.com, Website: www.newpacificmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

Download News Release (PDF: 60KB)
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