09:49 AM EST - New Pacific Metals Corp. : Has closed its previously announced private placement of 1,250,000 common shares at a price of $0.80 U.S. per Share for gross proceeds of $1,000,000 U.S. The proceeds from the Private Placement will be used by the Company for payments to be made in connection with its previously announced acquisition of Empresa Minera Alcira SA. The shares will have a hold period expiring four months and a day from today's date. New Pacific Metals Corp.
shares V.NUAG are trading unchanged at $1.16.
