New Pacific Metals Corp. Appoints New President

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 16, 2017) -

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New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX VENTURE:NUAG) is pleased to announce the appointment of Gordon Neal to the position of President of the Company. Mr. Neal has extensive experience in the metals and mining sector, capital markets and government communications. He was most recently the Vice President of Corporate Development for Silvercorp Metals Inc., New Pacific's largest shareholder. Previous to that role he held the same position at MAG Silver Corp. Mr. Neal's career also saw him working in the Office of the Prime Minister of Canada as a senior communications advisor.

Among other roles, Mr. Neal will be responsible for overseeing the management team in Bolivia, working to develop the recently acquired Alcira properties (see news releases of April 10, 2017 and June 20, 2017). The team's primary focus will be establishing strong community and government relations accompanied by an extensive drill program at the Company's flagship Silver Sand property.

Mr. Hongen Ma, the Company's previous president, will assume the role of Vice President.

Terry Salman, President and CEO of Salman Capital Inc., Appointed as Advisor

The Company has also appointed Mr. Terry Salman, President and CEO of Salman Capital Inc. as an advisor. Mr. Salman has been a leader in financing junior exploration and mid-cap to large mining companies, helping to raise $20 billion for more than 400 companies over the past 35 years.

In addition to his highly successful career, Terry has tirelessly devoted his services to many community organizations, including fundraising for the Britannia Mine Museum, sitting on the Government of Canada's Expert Panel on Securities Regulations and serving as Chair of the Investment Dealers Association of Canada, the Vancouver Public Library Foundation, the St. Paul's Hospital Foundation, and was a Director of the Prostate Cancer Research Foundation of Canada. In recognition of his outstanding volunteer contributions, he was awarded the Queen Elizabeth II Diamond Jubilee Medal in 2012, and in 2017 received the Murray Pezim award from the Association for Mineral Exploration BC for his career in the Canadian mining financial industry.