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Nova Pacific Metals Corp
Symbol NVPC
Shares Issued 46,762,700
Close 2025-02-04 C$ 0.26
Market Cap C$ 12,158,302
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Nova Pacific Metals appoints Williams to advisory board

2025-02-05 00:35 ET - News Release

Mr. J. Malcolm Bell reports

NOVA PACIFIC METALS BOLSTERS ADVISORY BOARD AND ANNOUNCES MARKETING AGREEMENT

Nova Pacific Metals Corp. has appointed Craig Williams, a Canadian mining industry veteran, to Nova Pacific's strategic advisory board.

This strategic move signals Nova Pacific's commitment to leveraging top-tier expertise as it advances its ambitious exploration and development plans at its Lara volcanogenic massive sulphide (VMS) project. Mr. Williams brings a wealth of experience that spans decades in the mining and energy sectors, promising to inject valuable insights and industry connections into Nova Pacific's growth trajectory.

Nova Pacific's chief executive officer expressed enthusiasm about the appointment, stating: "We're absolutely delighted to welcome Mr. Williams to our advisory board. His extensive experience in the Canadian mining landscape, particularly his track record with major mining companies and his vast network, will be instrumental in advancing Nova Pacific's strategic agenda for the Lara deposit on Vancouver Island."

Mr. Williams stated: "I'm thrilled to join Nova Pacific Metals at this pivotal moment in their journey. The potential of their Lara project is truly exceptional. From what I've seen, we could be looking at significant potential to redefine the company's position in the market. I'm excited to contribute my expertise to help unlock the full value of this asset and drive Nova Pacific's growth strategy forward."

Mr. Williams

Mr. Williams brings an impressive pedigree to Nova Pacific's advisory board:

  • As owner and president of Red River Energy Consultants, he has overseen projects valued at over $1-billion (U.S.) in exploration and resource definition.
  • His clients include Suncor Energy Inc., BP and Syncrude Canada LP.
  • A registered professional geologist with APEGA (Association of Professional Engineers and Geoscientists of Alberta), Mr. Williams combines technical acumen with business savvy.

As Nova Pacific Metals continues to advance the Lara gold, silver, zinc and copper deposit the addition of Mr. Williams to its advisory board marks a significant contribution to the company's vision of becoming a significant producer in British Columbia.

Marketing agreement

The company also announces it has entered into an investor relations agreement with i2i Marketing Group LLC dated Feb. 4, 2025, to provide corporate marketing and investor awareness services to the company in exchange for an initial aggregate amount of $350,000 (U.S.), payable upon signing. The services include content creation management, author sourcing, project management and media distribution. The initial term of the i2i Marketing agreement is for a period of six months ending Aug. 3, 2025, or until the advertising budget has been depleted. The parties may agree to extend the term on a month-to-month basis. i2i Marketing and its principals are arm's length to the company. i2i Marketing's contact information is as follows: 1107 Key Plaza, Suite 222, Key West, Fla., 33040, attention: Kailyn White; e-mail: Contact@i2illc.com; telephone: 3127253843.

Rights of indigenous communities statement

Nova Pacific operates on the traditional, ancestral and unceded territory of the Stz'uminus and Hul'qumi'num Treaty Group, a politically unified group that represents six Hul'qumi'num-speaking first nations: Cowichan, Penelakut, Lyackson, Halalt and Lake Cowichan.

The company's entire team is committed to establishing lasting relationships with local communities by fostering inclusion and contributing to a shared prosperity.

About Nova Pacific Metals Corp.

Nova Pacific is a Canadian exploration and development company focused on the Lara volcanogenic massive sulphide project on Vancouver Island, British Columbia. This brownfield, polymetallic development project boasts a significant historic resource rich in critical metals and precious metals situated in a prime location with excellent infrastructure. Nova Pacific's forward-looking strategy includes confirmation and infill drilling this spring, completion of an updated mineral resource estimate (MRE) and preparation of a prefeasibility study in late Q3, if and as required. The company is committed to creating value for its shareholders while maintaining environmental responsibility and strong community relationships.

We seek Safe Harbor.

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