New Pacific Metals Announces Executive Changes

Company Leadership Changes - Andrew Williams will step down as CEO and Director effective April 15, 2025, with Jalen Yuan appointed as interim CEO [1] - Chester Xie has been appointed as interim CFO, ensuring continuity during the transition [1] - Jalen Yuan has served as CFO for 10 years and possesses extensive knowledge of the company's Bolivian operations [1] Board of Directors' Statement - The Board expressed gratitude to Andrew Williams for his leadership over the past two years, highlighting his role in guiding the company through key developments in Bolivia [2] - The Board has confidence in Jalen Yuan and the senior management team as they search for a permanent CEO [2] - The company remains focused on maximizing value for stakeholders from its assets in Bolivia [2] Company Overview - New Pacific is a Canadian exploration and development company with three precious metal projects in Bolivia [3] - The flagship Silver Sand project has the potential to become one of the largest silver mines globally [3] - The company is also advancing the high-margin silver-lead-zinc Carangas project and completed a discovery drill program at Silverstrike in 2022 [3]