6-K
NEW PACIFIC METALS CORP (NEWP)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION****Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OFTHE SECURITIES EXCHANGE ACT OF 1934
November 22, 2022
Commission File No. 0001-34184
NEW PACIFICMETALS CORP.(Translation of registrant's name into English)
Suite 1750 - 1066 W. Hastings Street
Vancouver BC, Canada V6E 3X1
(Address of principal executive office)
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F]
Form 20-F [ ] Form 40-F [ X ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) [ ]
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is "submitting" the Form 6-K in paper as permitted by Regulation S-T "Rule" 101(b)(7) [ ]
**Note:**Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Dated: November 22, 2022 | NEW PACIFIC METALS CORP. |
|---|---|
| /s/ Jalen Yuan | |
| Jalen Yuan | |
| Chief Financial Officer |
EXHIBIT INDEX
| EXHIBIT | DESCRIPTION OF EXHIBIT |
|---|---|
| 99.1 | News<br> Release dated November 22, 2022 |
Exhibit 99.1
****
NEW PACIFIC ANNOUNCES FILING OF THE CARANGAS PROJECT TECHNICAL REPORT
VANCOUVER, BC, Nov. 22, 2022 /CNW/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE American: NEWP) announces today the filing of a technical report entitled "Carangas Project Technical Report" with an effective date of June 16, 2022 (the "Technical Report") prepared by Donald J. Birak, SME, AusIMM Fellow, a Qualified Person as defined by National Instrument 43-101.
The Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
A copy of the Technical Report is available under the Company's profile on SEDAR at www.sedar.com, on Edgar at www.sec.gov, and on the Company's website at www.newpacificmetals.com."
ABOUT NEW PACIFIC
New Pacific is a Canadian exploration and development company with precious metal projects in Bolivia. The Company's flagship Project, the Silver Sand Silver Deposit, is expecting a new Mineral Resource Estimate Update and a PEA by the end of 2022. The recently discovered Carangas Silver-Gold Project is undergoing a 40,000 m drill program. The third project, the Silverstrike Silver-Gold Project, commenced a 6,000 m discovery drill program in June 2022 and discovered a near surface broad gold zone in its first hole drilled.
For further information, please contact:
New Pacific Metals Corp.
Phone: (604) 633-1368 Ext. 222
U.S. & Canada toll-free: 1-877-631-0593
E-mail: invest@newpacificmetals.com
For additional information and to receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain of the statements and information in thisnews release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation ReformAct of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Anystatements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections,objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects", "isexpected", "anticipates", "believes", "plans", "projects", "estimates", "assumes","intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets","schedules", "potential" or variations thereof or stating that certain actions, events or results "may","could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any ofthese terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Suchstatements include, but are not limited to: statements regarding anticipated exploration, drilling, development, construction, and otheractivities or achievements of the Company; timing of receipt of permits and regulatory approvals; timing and content of the PEA, and estimatesof the Company's revenues and capital expenditures; and other future plans, objectives or expectations of the Company.
Forward-looking statements or information are subjectto a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from thosereflected in the forward-looking statements or information, including, without limitation, risks relating to: global economic and socialimpact of COVID-19; fluctuating equity prices, bond prices, commodity prices; calculation of resources, reserves and mineralization, generaleconomic conditions, foreign exchange risks, interest rate risk, foreign investment risk; loss of key personnel; conflicts of interest;dependence on management, uncertainties relating to the availability and costs of financing needed in the future, environmental risks,operations and political conditions, the regulatory environment in Bolivia and Canada; risks associated with community relations and corporatesocial responsibility, and other factors described under the heading "Risk Factors" in the Company's Annual Information Formfor the year ended June 30, 2022 and its other public filings.
This list is not exhaustive of the factors thatmay affect any of the Company's forward-looking statements or information.
The forward-looking statements are necessarilybased on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that,while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties andcontingencies. These estimates, assumptions, beliefs, expectations and options include, but are not limited to, those related tothe Company's ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations andworkforce; development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracyand reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projectionsand forecasts; the stabilization of the political climate in Bolivia; the Company's ability to obtain and maintain social license at itsmineral properties; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; thetimely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with COMIBOLby the Plurinational Legislative Assembly of Bolivia; the ability of the Company's Bolivian partner to convert the exploration licensesat the Carangas Project to AMC; the ability to meet current and future obligations; the ability to obtain timely financing on reasonableterms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associatedwith the mining industry.
Although the forward-looking statements containedin this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual resultswill be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by thesecautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically requiredby applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-lookingstatements whether as a result of new information, future events or otherwise except as may be required by law. These forward-lookingstatements are made as of the date of this news release.
CAUTIONARY NOTE TO US INVESTORS
This news release has been prepared in accordancewith the requirements of the securities laws in effect in Canada which differ from the requirements of United States securities laws.The technical and scientific information contained herein has been prepared in accordance with NI 43-101, which differs from the standardsadopted by the U.S. Securities and Exchange Commission (the "SEC"). Accordingly, the technical and scientific information containedherein, including any estimates of mineral reserves and mineral resources, may not be comparable to similar information disclosed by U.S.companies subject to the disclosure requirements of the SEC.
Additional information relating to the Company,including the Company's Annual Information Form, can be obtained under the Company's profile on SEDAR at www.sedar.com, on EDGAR at www.sec.gov,and on the Company's website at www.newpacificmetals.com.
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SOURCE New Pacific Metals Corp.
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%CIK: 0001369085
CO: New Pacific Metals Corp.
CNW 08:00e 22-NOV-22