New Pacific Metals Corp. announced that shareholders approved all matters presented at the company's annual meeting held on October 24, 2025. According to the company's statement, 144,270,137 common shares were represented at the meeting, representing 78.53 percent of eligible votes. The strong participation rate indicates significant shareholder engagement with the company's strategic direction.
All director nominees received substantial approval from voting shareholders. Dickson Hall, Martin Wafforn, Maria Tang, Jalen Yuan, Paul Simpson, and Myles Gao were each elected with approval levels ranging from 96.52 percent to 99.90 percent. The high approval percentages suggest shareholders have confidence in the current board's ability to guide the company through its development phase. The voting results are detailed in the company's official release available at https://ibn.fm/jw4Ms.
The shareholder support comes as New Pacific advances three precious metal projects in Bolivia. The company's flagship Silver Sand project has been identified as having the potential to become one of the world's largest silver mines. Additionally, the company is progressing its Carangas project, which features robust, high-margin silver-lead-zinc deposits. The company completed a discovery drill program at its Silverstrike project in 2022, indicating ongoing exploration activity across its portfolio.
The voting results are significant because they demonstrate investor confidence during a critical development phase for the company. With major projects advancing toward production decisions, stable leadership and shareholder support become increasingly important. The company maintains a newsroom where investors can access the latest updates at http://ibn.fm/NEWP. The strong shareholder participation and approval rates suggest investors are engaged with the company's long-term strategy and development timeline.
For companies in the exploration and development phase, annual meetings serve as important checkpoints where shareholders can express their views on management and strategic direction. The overwhelming support shown at New Pacific's meeting indicates alignment between management's vision and shareholder expectations. This alignment can be particularly important for resource companies facing the capital-intensive process of bringing mines into production.
