New Pacific Metals Corp. T.NUAG

Alternate Symbol(s): NEWP

New Pacific Metals Corp. is a Canada-based exploration and development company, which is focused on three precious metal projects in Bolivia. The Company’s project includes Silver Sand Project, Silverstrike Project and Carangas Project. The Company’s flagship Silver Sand Project is located 35 kilometers (km) northeast of the Cerro Rico silver and base metal mineral system near Potosi in southwest Bolivia. The 5.42 square kilometers (km2) property sits in the Eastern Cordillera at an elevation of 4,050 meters above sea level. The Carangas Project is located about 180 km to the west of the city of Oruro, Bolivia. The project is comprised of three Exploration Licenses (Granville I, Granville II and Colapso) for a total area of 40.75 square kilometers and is accessible via the paved Highway 12 and a municipally maintained 30 km gravel road. The Silverstrike Project is located approximately 140 km southwest of La Paz, Bolivia, or about 450 km northwest of its Silver Sand Project.

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New Pacific Metals Corp.

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Comment by Havingfunyeton Sep 23, 2012 8:52am

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Post# 20403549

RE: RE: Guys help me with my math

Factor in this.....

New Pacific Metals Corp. (“New Pacific” or the “Company”) intends to commence a Normal Course Issuer Bid to acquire up to 5,000,000 million common shares from June 27, 2012 to June 26, 2013, representing 7.4% of the Company’s 67,369,203 common shares currently issued and outstanding. The Company is taking this action because it believes that prevailing market conditions have resulted in its shares being undervalued relative to the immediate and long term value of the Company’s property in Canada

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