New Pacific Metals Corp. filed unaudited condensed consolidated interim financial statements for the three and six months ended December 31, 2025, reporting a net loss of $1.58 million for the quarter and $2.33 million for the six-month period. The filing also includes a Management's Discussion and Analysis providing updates on the company's mineral projects in Bolivia, including the Silver Sand Project's pre-feasibility study and permitting progress.
Key takeaways
Reported net loss of $1,584,440 for the three months ended December 31, 2025, compared to $764,659 for the same period in 2024.
Reported net loss of $2,330,077 for the six months ended December 31, 2025, compared to $2,023,667 for the same period in 2024.
Cash and cash equivalents increased to $41,547,528 as of December 31, 2025, from $16,839,959 as of June 30, 2025.
The company completed a bought deal financing, issuing 11,385,000 common shares for net proceeds of $27,009,239 during the period.
The Silver Sand Project obtained an Amparo (constitutional protection action) on June 25, 2025, providing protection against encroachment and illegal mining activities.
The company capitalized $1,181,086 under the Silver Sand Project for the six months ended December 31, 2025.