New Pacific Closes Acquisition Of Alcira, Change Of Business, And Announces Name And Ticker Symbol Change

New Pacific Holdings Corp. (“New Pacific” or the “Company”) (TSXV: “NUX”) announces that its wholly-owned subsidiary New Pacific Investment Corp. Limited has closed its previously announced acquisition (the “Acquisition”) of Empresa Minera Alcira S.A., a private Bolivian incorporated mining company (“Alcira”) from its three shareholders (the “Vendors”) pursuant to the terms of a share purchase agreement (the “Agreement”) dated March 28, 2017.