New Pacific Metals Corp. announced that Dr. Rui Feng, New Pacific's founder and Chief Executive Officer ("CEO"), has stepped down as CEO. Andrew Williams has been appointed as CEO, effective immediately.

Mr. Williams previously held the role of President of the Company. Dr. Feng will remain as a director of the company until the AGM later in 2023, but will not stand for re-election as a director. The Company also welcomed Paul Simpson to its Board of Directors effective immediately.

Mr. Simpson is a Vancouver-based corporate securities and mining lawyer with the firm Armstrong Simpson. He has over 25 years' experience, predominately advising public companies with international natural resource property holdings. He has been a director and officer of a number of public companies, and is currently the lead independent director of Silvercorp Metals Inc.