New Pacific Metals (NUAG) Registration filing summary

Company overview and business model

• Canadian mining issuer focused on exploration and development of precious metal projects in Bolivia, including Silver Sand, Carangas, and Silverstrike projects.

• Operates through a network of subsidiaries in British Columbia, Hong Kong, British Virgin Islands, and Bolivia.

• Aims to create shareholder value through exploration and resource development, leveraging technical and financial resources.

Financial performance and metrics

• Audited consolidated financial statements for years ended June 30, 2025 and 2024 are incorporated by reference.

• Reported negative cash flow from operating activities of US $3.3 million for the year ended June 30, 2025.

Use of proceeds and capital allocation

• Plans to raise up to US $200 million over 25 months for project development and corporate purposes.

• Major allocations: Silver Sand Project permitting and studies ($7–12M), Carangas Project studies ($3M), land acquisition ($15–20M), phase one capital investment for Silver Sand ($130–145M), development camp ($8–10M), and general operations ($5–10M).

• Proceeds may also be used for acquisitions, working capital, and to fund anticipated negative cash flow.