Announcement • Nov 24
Nova Pacific Metals Corp., Annual General Meeting, Jan 28, 2026 Nova Pacific Metals Corp., Annual General Meeting, Jan 28, 2026. Location: endeavor trust corporation, suite 702, 777 hornby street, british columbia, v6z 1s4, vancouver Canada Announcement • Jun 13
Nova Pacific Metals Corp. Announces the Appointment of Dario Franco Garousian, Effective June 12, 2025 Nova Pacific Metals Corp. announced the appointment of Dario Franco Garousian, a seasoned government relations and public affairs specialist, to its strategic advisory board, effective June 12, 2025. Highlights: Seasoned legislative and community engagement expert joins the advisory board to accelerate the Company's stakeholder strategy. Will contribute to Nova Pacific's outreach and alignment of initiatives as the Company advances its Lara VMS Project. Appointment follows recent advisory additions, reinforcing strong leadership and stakeholder engagement. Mr. Garousian is a strategic advisor and public affairs professional with extensive experience in government and regional community relations. He has over 11 years of experience working as a political strategist, policy advisor, and communications expert, providing advice to BC Premiers, provincial cabinet ministers, and senior political party leadership. Mr. Garousian has served in both public and private sectors, including as an Advisor in the British Columbia Ministry of Forests, where he played a role in engaging with First Nations communities across BC. In that capacity, Mr. Garousian traveled extensively throughout the province, working directly with Indigenous leaders and advising the Minister of State for Sustainable Forestry Innovation on reconciliation-focused initiatives and sustainable economic development. His firsthand experience with Indigenous engagement provides Nova Pacific with critical insight as the Company continues to prioritize early and meaningful partnerships with First Nations. Mr. Garousian is currently a consultant at Crestview Strategy, an international public affairs firm. He previously served as a key member of Premier David Eby's office, as well as in former Premier John Horgan's government, and worked as a Ministerial Advisor in the natural resource sector and workforce development. He also served as a Senior Constituency Advisor in the Government of British Columbia and as a Special Assistant in the Senate of Canada. During his career, Mr. Garousian has developed extensive knowledge of communications, stakeholder engagement strategies, and policy development, to execute successful campaigns and legislative change on several diverse issues. Announcement • May 30
Nova Pacific Metals Corp. Intersects Massive Sulphide Mineralization At Lara Project Nova Pacific Metals Corp. provided an update on its ongoing 8,500-metre Phase 1 drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project, located on Vancouver Island, British Columbia. Highlights: Phase 1 drill program underway: The first 14 of 39 planned drill holes have been completed, with a total of 3,105 meters drilled to date. Assay results are pending: The first 4 drillholes have been sampled and will be shipped to ALS Geochemistry in North Vancouver for rush assaying. Massive sulphide mineralization encountered: Visual identification of key VMS-style minerals including sphalerite, galena, chalcopyrite, and pyrite. Twofold exploration objectives: Verifying the historical resource, and Testing new targets along strike and at depth to potentially expand the current geological model. Significant catalysts ahead: Rush results from initial holes are expected to generate sustained news flow, and A current mineral resource is targeted for fourth quarter of this year. Phase 1 Drill Program Underway at the Coronation Trend. Nova Pacific's Phase 1 exploration program is focused on completing approximately 8,500 metres across 39 holes. Within the first processed drillholes, sections of visible massive sulphide and sulphide vein mineralization have been identified in altered felsic volcanics of the Sicker Group. Assay Results Pending. The first 4 drill holes have been sampled and will be shipping to ALS Geochemistry in Northancouver for rush assay. Core processing is ongoing, with samples from additional drillholes to be sent as they are completed. Phase 1 Program. The highly anticipated Phase 1 Program has two primary objectives: Confirming the Historical Resource: The Company plans to confirm the presence and extent of the mineralization that was included in the historical resource estimate. This current phase of drilling will provide updated geological data, incorporating modern assay techniques and quality control measures to align with industry best standards. Demonstrating Expansion Potential: Beyond confirmation drilling, the Company also plans to test recently identified high-priority exploration targets beyond the previously delineated mineralization along the Coronation Trend. Historical Resource Context. Lara's Historical Resource Estimate (1% Zinc Block Cut-off) Current Mineral Resource Estimate Targeted for 2025. Subject to assay results, the Company believes that the areas targeted in the Phase 1 drill program have the potential to support the calculation of an MRE in Fourth Quarter 2025. In anticipation of reporting a current Mineral Resource, the Company has retained Mineit Consulting Inc. for the preparation of an updated technical report for the Lara Project. Evaluation of Nearby Zones Underway to Advance Lara's Broader Potential. The project boasts a significant historical resource rich in critical and precious metals situated in a prime location near excellent infrastructure. Nova Pacific's forward-looking strategy includes verification and exploration drilling and the completion of an updated mineral resource estimate (MRE), with additional technical and exploration studies to be considered following these milestones. The Company is committed to creating value for its shareholders while supporting environmental responsibility and strong community relationships. The Company's actual results could differ materially from those anticipated in this forward-looking information includes, but is not limited to, the Company's objectives, goals or future plans; statements regarding exploration results, potential mineralization, or verification of historical drilling results; the Company's plans to execute and complete its Phase 1 exploration program including the completion of a current mineral resource estimate; exploration and mine development plans; and the timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to intersect potentially economic intervals of mineralization; failure to identify mineral resources; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; inability to fulfill the duty to accommodate First Nations and other Indigenous people; uncertainties relating to the availability and costs of financing needed needed. New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 131% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Market cap is less than US$10m (CA$6.41m market cap, or US$4.58m). Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Nick Standish was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 18
Nova Pacific Metals Corp. to Commence 8,500-Metre Phase 1 Drill Program at Lara VMS Project Nova Pacific Metals Corp. announced that its Phase 1 diamond drill program at the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia will commence in early May 2025. The Company's Phase 1 plans include the drilling of a minimum 39 holes over approximately 8,500 metres of drilling. As recommended in the Technical Report dated July 15, 2024, prepared by Wetherup Geological Consulting, the Phase 1 exploration program is intended to verify a significant portion of historical drilling along the Coronation Trend and collect additional data to support planned resource estimation activities. The Coronation Trend covers only a small portion of the Lara Project's 4,671hectare land package. The verification program was designed by Mr. Greg Mosher, P.Geo. of Mineit Consulting, who also compiled and digitized historical records into a new geospatial dataset to support of this program. The Lara Project comprises 19 mineral claims totaling 4,670.74 hectares, centered about 70 kilometres northwest of Victoria, British Columbia. The claims encompass a 17 kilometre long, highly prospective belt of bimodal metavolcanic rocks assigned to the McLaughlin Ridge Formation, the uppermost unit of the Paleozoic Sicker Group. These rocks are correlative with the Myra Formation, host to the Myra Falls VMS deposit and associated past-producing Myra Falls mine, situated in a similar geological setting approximately 142 kilometres to the west-northwest. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$5.35m market cap, or US$3.74m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Jan 24
Nova Pacific Metals Corp. Announces Formation of Strategic Advisory Board Nova Pacific Metals Corp. announced the formation of a Strategic Advisory Board, marking a significant milestone in the Company's growth trajectory. In a move that underscores Nova Pacific's commitment to excellence, the Company has appointed Dr. Tom Setterfield, PhD, P.Geo., and Mr. Scott Young as the inaugural members of the board. Dr. Tom Setterfield, PhD, P.Geo. has 44 years of international exploration experience and is considered an expert in IOCG, epithermal Au and VMS deposit types. He holds a PhD from Cambridge University (England) and has undertaken assignments in many countries. As a consultant for QGX Ltd., he was the company's first representative to visit the Golden Hills (Bayan Airag) area in western Mongolia and was integral to the decision to acquire the property, leading to a discovery of a gold-rich VMS deposit that is presently being mined. Additionally, Dr. Setterfield worked for Western Mining Corporation in Australia, Fiji and Canada. He co-founded Monster Copper Corporation and served as VP of Exploration and director from its incorporation in 2002 to its takeover by Mega Uranium Ltd. in 2007. Tom also co-founded TerraX Minerals Inc. (now Gold Terra Resource Corp.) and served as VP of Exploration and director from 2008 to 2016. He is the former VP Exploration of Avidian Gold and now serves as an advisor to that company. Dr. Setterfield has extensive experience in VMS deposits. His thesis was on the Maybrun VMS deposit in northwestern Ontario, and his MSc studies covered deposit-related synvolcanic faulting in the Noranda VMS camp. He has also been involved in VMS projects in the Chibougamau and Timmins camps in the Abitibi Belt, as well as in Sweden, Brazil, Mongolia, British Columbia and the Yilgarn province of Australia. Mr. Scott Young brings a wealth of experience in corporate development, fundraising, and strategic planning to Nova Pacific. His diverse background spans biotech, medtech, and natural resources, providing Nova Pacific with a multifaceted approach to growth. Mr. Young's extensive institutional financing network, covering North and South America, Europe, and Asia, positions Nova Pacific to capitalize on global investment opportunities. His proven track record of delivering value over two decades aligns perfectly with Nova Pacific's ambitious growth plans. Announcement • Jan 22
Nova Pacific Metals Corp. Announces Significant Expansion of Drill Program At Lara Volcanogenic Massive Sulphide Project Nova Pacific Metals Corp. announced a significant expansion of its planned drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project on southeast Vancouver Island, British Columbia. This decision follows a comprehensive compilation and analysis of the project's historical database, which has unveiled exciting new potential within the Coronation Zone. A thorough review and update of the historical database, conducted by Mineit Consulting Inc., has incorporated a wealth of previously existing data from the British Columbia Ministry of Mining and Critical Minerals. This update has provided a near-complete dataset for 226 historical drill holes, including crucial information such as drill logs, downhole surveys, assays, and certificates. The enhanced database now offers a comprehensive view of the property's potential, with assay values for zinc, silver, gold, barium, copper, and lead, as well as specific gravity measurements. This robust dataset meets CIM Best Practice standards and provides a solid foundation for the Company's upcoming drill program and any future resource estimation. Expanded Drill Program to Unlock Value: Based on the encouraging results of the database update, Nova Pacific has expanded its planned drill program from 19 to 49 holes, totaling 10,000 meters. This comprehensive program aims to validate historical results and expand upon known mineralization within the Coronation, Coronation Extension, and Hanging Wall Zones. The drill program will adhere to rigorous QA/QC standards, including the use of duplicates, blanks, and standards, as well as the collection of specific gravity measurements. This approach ensures the highest level of data integrity for future resource estimation and economic studies. Project Potential and Market Factors Untapped Potential: The Lara Property represents a significant opportunity in the VMS space, with historical drilling indicating mineralization that remains open for expansion. Data-Driven Approach: The comprehensive database update provides a solid foundation for targeted exploration, potentially leading to more efficient resource definition and expansion. Expanded Program: The significant increase in the planned drill program demonstrates the Company's confidence in the project and commitment to rapidly advancing its development. Strategic Location: Situated in the mining-friendly jurisdiction of British Columbia, the Lara Property benefits from excellent infrastructure and proximity to major ports. Commodity Outlook: With the current bullish outlook for base and precious metals, Nova Pacific is well-positioned to capitalize on the growing demand for copper, zinc, and other critical minerals. Experienced Team: Nova Pacific's management and technical team have a proven track record of discovery and development in the mining industry. Announcement • Dec 18
Nova Pacific Metals Corp. announced that it has received CAD 2.64054 million in funding On December 17, 2024 Nova Pacific Metals Corp. closed the transaction and issued 6,287,000 flow-through common shares at issue price of CAD 0.42 per FT Share for proceeds of CAD 2,640,540. All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. In connection with the Private Placement, the Company paid cash fees of CAD 184,837.80 and issued 440,090 warrants to one qualified finder, Red Cloud Securities Inc. Each warrant is exercisable into one common share of the Company at a price of CAD 0.42 per share for a period of 24 months from the date of issuance Announcement • Dec 11
Nova Pacific Metals Corp. announced that it expects to receive CAD 2.6 million in funding Nova Pacific Metals Corp. announced a non brokered private placement to issue 6,190,476 flow-through common shares at an issue price of CAD 0.42 per share for the gross proceeds of CAD 2,599,999.92 on December 9, 2024. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. The company may pay finders' fees to eligible parties who introduce qualified investors to the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Announcement • Oct 31
Nova Pacific Metals Corp. announced that it has received CAD 2.86965 million in funding On October 30, 2024, Nova Pacific Metals Corp. closed the transaction. The company issued 11,478,600 units at a price of CAD 0.25 per unit for the gross proceeds of up to CAD 2,869,650. In connection with the private placement, the company paid an aggregate of $112,872 in cash and issued an aggregate of 451,488 non-transferable brokers' warrants to certain finders. Announcement • Sep 18
Nova Pacific Metals Corp. Appoints David Mark, P. Geo., as a Director Nova Pacific Metals Corp. announced the appointment of geoscientist David Mark, P. Geo., as a director of the Company. Mr. Mark has over 56 years of experience in mining exploration, geotechnical, and environmental geophysics, and is currently the head of Geotronics Consulting Inc. He began working in the mining industry in 1965 and graduated from the University of British Columbia in 1968 with a major in Geophysics. Mr. Mark became chief geophysicist of Geotronics in 1969 and acquired control of the company outright in 1972. Geotronics offers a wide variety of services, including seismic reflection and refraction, induced polarisation, various types of EM, gravity, magnetic, and soil sampling surveys (including MMI), as well as project management. Announcement • Aug 23
Nova Pacific Metals Corp. announced that it expects to receive CAD 2 million in funding Nova Pacific Metals Corp. announced a non-brokered private placement of up to 8,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of up to CAD 2,000,000 on August 22, 2024. Each Unit will include one common share of the Company and one warrant, with each Warrant allowing the holder to purchase an additional Share at an exercise price of CAD 0.40 for a period of two years. In connection with the Private Placement, the Company may pay finder's fees to eligible non-related parties of up to 8% of the gross proceeds raised. Additionally, Nova Pacific may issue broker warrants equal to up to 8% of the Units sold. All securities issued in connection with this Private Placement are subject to a statutory hold period of four months and one day pursuant to applicable securities laws. Announcement • Jun 27
Nova Lithium Corp. Appoints Dal Brynelsen to its Board of Directors Nova Lithium Corp. announced the appointment of Mr. Dal Brynelsen to the Company's Board of Directors. Mr. Brynelsen, a UBC Economics graduate of 1973, brings over 40 years of experience in the resource industry, with a track record of discovering, developing and operating several underground gold mines. From 1970 to 1985, he made his mark as a successful property developer. He has held leadership roles as President of Vangold Resources and Vanoil Resources, where he developed gas fields in California and heavy oil fields in Alberta. His global footprint includes the discovery and development of two underground gold mines in Rossland, BC, and leading major exploration projects in Uganda, Kenya, Rwanda, Armenia, Papua New Guinea and China. Mr. Brynelsen is a Founding Director of Griffin Mining Limited. He continues to serve as a director of Hebei Hua Ao Mining Company, the operating arm of the Cainiaying Mine. Hailing from one of Canada's pioneer mining families associated with Noranda, Bell Mine, Kennedy Lake, Brynor Mines, Cassino Silver and Brenda Mines, Mr. Brynelsen brings extensive experience within Canada's mineral exploration landscape to the Company. Announcement • Jun 05
Nova Lithium Corp., Annual General Meeting, Aug 08, 2024 Nova Lithium Corp., Annual General Meeting, Aug 08, 2024. Board Change • Jul 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ryan Arthur was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 22
Nova Lithium Announces Director Changes Nova Lithium Corp. announce the appointment of Nick Standish to Nova's board of directors. Mr. Standish replaces Hayden Mackenzie, who has stepped down as a director in order to pursue other opportunities. The Company would like to thank Mr. Mackenzie for his contributions and wish him well in his future endeavours.Mr. Standish is a seasoned entrepreneur, investor and dealmaker with 17 years of experience in venture capital, corporate finance and global business. He has worked across various industries, including financial services, digital assets, fintech, energy, mining and alternative medicine, and has held roles as a founder,advisor, director, executive and active investor. Mr. Standish has a successful track record in corporate development, venture capital, corporate finance, capital markets and M&A, and is recognized as a calculated risk-taker and leader in the Canadian capital markets. He has served in executive or advisoryroles for various companies, including Fortune Minerals Sun Life Financial, Veritas Pharma and BlocPal International, and currently acts as the Managing Director of Intellectual Capital as well as a director of several private companies, including Stronico Resources and Stamatis Ventures. In addition to his role as a director of Nova, Mr. Standish will serve as a member of the Company's audit committee. Announcement • Dec 01
Nova Lithium Corp. (CNSX:NVLI) acquired Deer Musk West Project from Emigrant Springs Gold Corp. Nova Lithium Corp. (CNSX:NVLI) acquired Deer Musk West Project from Emigrant Springs Gold Corp. on March 12, 2021. Nova Lithium Corp issued 2,000,000 common shares at a price of $0.02 per share for a fair value of $0.04 million relating to the acquisition of the DMW Project. On May 12, 2022, the Company established a wholly owned Nevada subsidiary, Nova Lithium USA Corp. to hold title to the DMW Project.Nova Lithium Corp. (CNSX:NVLI) completed the acquisition of Deer Musk West Project from Emigrant Springs Gold Corp. on March 12, 2021. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.