New Pacific Metals Corp. Appoints John McCluskey as new Director and Grants Stock Options
NEWS RELEASE
Trading Symbol: TSX Venture: NUAG
New Pacific Metals Corp. Appoints John McCluskey as new Director and Grants Stock Options
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES
VANCOUVER, BRITISH COLUMBIA – August 1 , 201 7: New Pacific Metals Corp. (“New Pacific” or the
“Company”) (TSXV: “NUAG”) is pleased to announce the appointment of John McCluskey to its Board of
Directors.
Mr. McCluskey is President and Chief Execu tive Officer of Alamos Gold Inc., formed through a merger
between AuRico Gold and Alamos Gold in 2015. He originally co -founded Alamos with mining hall of
famer Chester Millar in 2003. Mr. McCluskey also founded Grayd Resource Corporation in 1996 and was
President and CEO until 2003. He has a wealth of experience in finance and mergers and acquisitions.
Mr. McCluskey was named Ontario's 2012 Ernst & Young Entrepreneur Of The Year, based on a judging
panel's assessment of financial performance, vision, lead ership, innovation, personal integrity and
influence, social responsibility, and entrepreneurial spirit.
Stock Option Grants
Subject to regulatory approval the Company has granted an aggregate of 1,965,000 incentive stock options to
employees, consultants and directors of the Company, including 1,590,000 to insiders. The stock options are
exercisable at $1.15 for a period of five years, with one sixth vesting every six months over a 36 month vesting period.
About New Pacific
New Pacific Metals Corp. is a Canadian exploration and development company which 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 . Silvercorp Metals Inc. (TSX: SVM), the largest primary silver producer
in China, is the major shareholder.
For further information, contact:
New Pacific Metals Corp.,
Investor Relations
Phone: (604) 633-1368
Fax: (604) 669-9387
www.newpacificholdings.ca
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has
neither approved nor disapproved the contents of this press release.