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NUAG.TO ·

New Pacific Announces the Appointment of Dr. Mark Cruise as Chief Operating Officer

Management Changes

NEWS RELEASE

Trading Symbol TSX-V: NUAG

OTCQX: NUPMF

NEW PACIFIC ANNOUNCES THE APPOINTMENT OF

DR. MARK CRUISE AS CHIEF OPERATING OFFICER

Vancouver, British Columbia – November 19, 2019 – New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX:

NUPMF) (“New Pacific” or the “Company”) is pleased to announce the appointment of Dr. Mark Cruise

to the position of Chief Operating Officer (“COO”).

Dr. Cruise is the founder and former Chief Executiv e Officer of Trevali Mining Corporation (TSX: TV)

(“Trevali”). Under his leadership, Trevali grew from an initial discovery to a top-ten global zinc producer

with operations in Peru, Canada, Burkina Faso and N amibia with a resultant market capitalization in

excess of CAD $1.4B. Prior to Trevali, Dr. Cruise held multiple positions in Europe and North America

with Anglo American plc as a poly-metallic commodit y specialist. He has previously served as the Vice

President, Business Development and Vice President, Exploration of Cardero Resources Corp. Dr. Cruise

holds a Doctorate and Bachelor degrees in Geology from the University of Dublin, Trinity College and is a

professional member of the Institute of Geologists of Ireland and the European Federation of Geologists.

“On behalf of New Pacific, we welcome Mark to our team,” said Dr. Rui Feng, Chief Executive Officer and

Director of New Pacific. “We’re excited to secure the services of someone with his level of experienc e

and calibre. Mark will be an incredible addition a nd his involvement should be very beneficial to our

shareholders.”

“While currently transitioning from the discovery phase, I am incredibly excited to work with Rui and the

team on our Silver Sand Project and other initiativ es in the region,” said Dr. Mark Cruise, COO. “The

coming months will be exciting for both management and shareholders as we deliver on various near to

medium term catalysts and execute on our shared vision to create the next major silver developer.”

About New Pacific

New Pacific is a Canadian exploration and development company which owns the Silver Sand Project in

Potosí Department, Bolivia and the Tagish Lake gold project in Yukon, Canada.

For further information, contact

New Pacific Metals Corp.

Gordon Neal

President

Phone: (604) 633-1368

Fax: (604) 669-9387

[email protected]

www.newpacificmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Certain of the statements and information in this n ews release constitute “forward-looking information ” within the

meaning of applicable Canadian provincial securitie s laws. Any statements or information that express or involve

discussions with respect to predictions, expectatio ns, beliefs, plans, projections, objectives, assump tions or future

events or performance (often, but not always, using words or phrases such as “expects”, “is expected”,

“anticipates”, “believes”, “plans”, “projects”, “es timates”, “assumes”, “intends”, “strategies”, “targ ets”, “goals”,

“forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating that c ertain actions,

events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the ne gative of any

of these terms and similar expressions) are not sta tements of historical fact and may be forward-looki ng

statements or information.

Forward-looking statements or information are subje ct to a variety of known and unknown risks, uncerta inties and

other factors that could cause actual events or res ults to differ from those reflected in the forward- looking

statements or information, including, without limit ation, risks relating to: fluctuating equity prices , bond prices,

commodity prices; calculation of resources, reserve s and mineralization, foreign exchange risks, inter est rate risk,

foreign investment risk; loss of key personnel; conflicts of interest; dependence on management and others.

This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statem ents or

information. Forward-looking statements or informat ion are statements about the future and are inheren tly

uncertain, and actual achievements of the Company o r other future events or conditions may differ mate rially from

those reflected in the forward-looking statements o r information due to a variety of risks, uncertaint ies and other

factors, including, without limitation, those refer red to in the Company’s Annual Information Form for the year

ended June 30, 2019 under the heading “Risk Factors ”. Although the Company has attempted to identify i mportant

factors that could cause actual results to differ materially, there may be other factors that cause results not to be as

anticipated, estimated, described or intended. Acco rdingly, readers should not place undue reliance on forward-

looking statements or information.

The Company’s forward-looking statements or information are based on the assumptions, beliefs, expecta tions and

opinions of management as of the date of this news release, and other than as required by applicable s ecurities

laws, the Company does not assume any obligation to update forward-looking statements or information i f

circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any

other events affecting such statements or informati on. For the reasons set forth above, investors shou ld not place

undue reliance on forward-looking statements or information.

CAUTIONARY NOTE TO US INVESTORS

This news release has been prepared in accordance w ith the requirements of NI 43-101 and the Canadian Institute

of Mining, Metallurgy and Petroleum Definition Stan dards, which differ from the requirements of U.S. S ecurities

laws. NI 43-101 is a rule developed by the Canadia n Securities Administrators that establishes standa rds for all

public disclosure an issuer makes of scientific and technical information concerning mineral projects.