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New Pacific Applies to List on TSX Venture Exchange as Investment Issuer and Voluntarily Delist from the Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 13, 2016) – New Pacific Metals Corp. (TSX:NUX) (“New Pacific” or the “Company”) announces that it has applied to voluntarily delist its common shares (the “Common Shares”) from the Toronto Stock Exchange (the “TSX”) and has received conditional approval to list the Common Shares on the TSX Venture Exchange (the “TSX-V”). It is expected that the Common Shares will be delisted from the TSX on or about June 30, 2016, and listed on the TSX-V on or about the same date.