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TSX-V : NUX | 7/29/2010 10:23:35 AM ET |  |
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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. | |
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News Release | |
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News Release: 2009 Jan 19, 2009 Incentive Stock Options Granted VANCOUVER, BRITISH COLUMBIA – January 19, 2009 – New Pacific Metals Corp. (TSX-V: NUX) is pleased to announce that, subject to regulatory approval, it has granted a total of 1,200,000 incentive stock options to directors, officers, employees and consultants of the company. The options are exercisable at $0.50 for a period of five years, and are subject to a vesting period over 24 months. The shares issuable under the options are subject to a hold period expiring May 20, 2009. For Further Information: New Pacific Metals Corp. Lou Duarte, President & CEO 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: 55KB) |
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Copyright © 2010 New Pacific Metals Corp. All rights reserved. | |
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