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NUAG.TO ·

Dr. Rui Feng Donates 80,000 New Pacific Shares to St. Paul’S Foundation IN Vancouver and 35,000 New Pacific Shares to the Viola Desmond Chair IN Social Justice, Cape Breton University

Corporate Updates

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NEWS RELEASE

Trading Symbol TSX: NUAG / OTCQX: NUPMF

DR. RUI FENG DONATES 80,000 NEW PACIFIC SHARES TO ST. PAUL’S FOUNDATION IN VANCOUVER

AND 35,000 NEW PACIFIC SHARES TO THE VIOLA DESMOND CHAIR IN SOCIAL JUSTICE,

CAPE BRETON UNIVERSITY

Vancouver, British Columbia – December 9, 2020 – New Pacific Metals Corp. (“New Pacific” or the

“Company”) is pleased to announce that Dr. Rui Feng, founder, director and former CEO of the Company,

has donated 80,000 shares of the Company to St. Paul’s Foundation of Vancouver and 35,000 shares of

the Company to the Viola Desmond Chair in Social Justice at Cape Breton University in Nova Scotia.

St. Paul’s Foundation

Teams at St. Paul's Hospital are undertaking h igh-impact COVID -19 research to u nderstand the

unprecedented variety of complications; and severe and lasting consequences for a patient’s lungs,

heart, kidneys, brain, nervous system, and psychia tric health . This research is key to informing

immediate patient care for the best possible health outcomes.

In recent months, St. Paul’s Hospital in Vancouver has been leading research efforts in Canada for better

understanding the long- term effects of C OVID-19. In May 2020, after just one month of planning and

logistics, St. Paul’s launched its post -COVID respiratory clinic and research program. By September, the

clinic encompassed a team of specialists working together across disciplines to address the full scope of

post-COVID illness.

“Life-saving research into COVID -19 at St. Paul’s Hospital will have a national impact,” says Dick Vollet,

President and CEO, St. Paul’s Foundation. “This generous gift from Dr. Feng will support continued

research and innovation to help find more efficient ways to treat t he virus and ultimately improve the

quality of life for our patients.”

The Viola Desmond Chair in Social Justice

Viola Desmond’s remarkable stand against racial segregation in 1946 is a story which has become an

inspiration to all Canadians. In November 2018, Desmond made history by becoming the first Canadian

female to appear on the Canadian $10 bill, cementing herself as a symbol of courage to Canadians

everywhere.

The Viola Desmond Chair in Social Justice at Cape Breton University (“CBU”) will honour the legacy of

Desmond through research and educational initiatives promoting social justice and African Canadian

studies in Canada.

“On behalf of the Board of Governors, faculty, staff and students at Cape Breton University, I would like

to extend our deepest thanks and gratitude to Dr. Feng for his generous support of our Viola Desmond

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Chair in Social Justice at CBU,” says President & Vice -Chancellor, David Dingwall. “Through the work of

this Chair, we will continue to honour the legacy of social rights activist, Viola Desmond, through

education, research and the promotion of social justice and African Canadian studies in Canada.”

ABOUT NEW PACIFIC

New Pacific is a Canadian exploration and developme nt company which owns the Silver Sand Project, in

the Potosi Department of Bolivia and the Silverstrike Project in Bolivia.

For further information, please contact:

New Pacific Metals Corp.

Gordon Neal

President

Phone: (604) 633-1368

Fax: (604) 669-9387

[email protected]

www.newpacificmetals.com