New Pacific Metals Corp. reported Q3 FY2026 unaudited interim financial results with net loss of $0.87M, cash at $39.9M, and $27M raised via bought deal financing.
Key takeaways
Net loss for three months ended March 31, 2026 was $874,886 vs $863,107 prior year.
Nine-month net loss totaled $3,204,963 vs $2,886,774 prior year.
Cash and equivalents increased to $39,863,639 from $16,839,959 at June 30, 2025.
Proceeds of $27,009,239 from bought deal issuance of 11,385,000 common shares.
Mineral property interests rose to $119,475,658 with $2.6M nine-month capital expenditures.
Signed Framework Agreement with Carangas community on February 23, 2026 for project development.