01:20:41 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



New Pacific Metals Corp (2)
Symbol NUAG
Shares Issued 132,872,812
Close 2019-04-23 C$ 2.26
Market Cap C$ 300,292,555
Recent Sedar Documents

New Pacific appoints Cinits VP, corporate development

2019-04-23 16:12 ET - News Release

Mr. Gordon Neal reports

NEW PACIFIC ANNOUNCES THE APPOINTMENT OF NEW VICE PRESIDENT, CORPORATE DEVELOPMENT, PROJECT MANAGER, AND GRANT OF OPTIONS

New Pacific Metals Corp. has appointed Robert Cinits as vice-president, corporate development, and David Turner as project manager, effective April 22, 2019.

Mr. Cinits has over 30 years of experience in the mineral resources industry with an extensive background in corporate development, merger and acquisition, exploration, project development, quality assurance/quality control (QA/QC), engineering studies, and National Instrument 43-101 reports. Prior to joining New Pacific, Mr. Cinits held the positions of chief operating officer with Mason Resources Corp. and vice-president, corporate development, with Entree Resources Ltd. Mr. Cinits received his bachelor of science degree in geology from University of Toronto. Mr. Cinits is also a PGeo registered with the Association of Professional Engineers and Geoscientists of the Province of British Columbia.

Mr. Turner has over 25 years experience in the mineral resources industry with a focus on precious metals exploration in Latin America. After starting his career with BHP, Mr. Turner has gained progressive experience in managing exploration programs and operations, from grassroots to large-scale drilling campaigns in El Salvador, Honduras, Nicaragua and Nevada. Prior to joining New Pacific, Mr. Turner was country manager for Oro Verde Ltd. in Nicaragua. Mr. Turner, fluent in both English and Spanish, received his bachelor of science degree in geology from Colorado State University.

Stock option grants

The company's board of directors has authorized and approved a grant of 100,000 incentive stock options each to Mr. Cinits and Mr. Turner. The stock options are exercisable at a price of $2.30 per share, being the closing price of the company's shares on the TSX Venture Exchange on April 22, 2019, for a period of five years from the date of grant. The options are subject to the terms of the stock option plan and the approval of the TSX Venture Exchange.

About New Pacific Metals Corp.

New Pacific Metals is a Canadian exploration and development company that owns the Silver Sand project in the Potosi department of Bolivia, the Tagish Lake gold project in Yukon, Canada, and the RZY project in Qinghai province, China. New Pacific Metals' largest shareholders are Silvercorp Metals and Pan American Silver Corp., one of the world's largest primary silver producers, which operates six mines, including the San Vicente mine located in the Potosi department of Bolivia.

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