Nova pacific metals announces upsize in its private placement

Vancouver, british columbia--(newsfile corp. - october 1, 2024) - nova pacific metals corp. (cse: nvpc) (otcqb: nvpcf) (fse: yq10) (wkn: a40gfh) (the "company", or "nova pacific") is pleased to announce that, further to its press release dated august 22, 2024, and due to strong investor demand, it has upsized its previously announced non-brokered private placement (the "private placement") to comprise of up to 12,000,000 units of the company ("units") at a price per unit of $0.25 for aggregate gross proceeds of up to $3,000,000. each unit will comprise of one common share of the company (a "share") and one share purchase warrant of the company (a "warrant"), with each warrant entitling the holder thereof to purchase one additional share at an exercise price of $0.40 for a period of two years from the date of issuance thereof (the "expiration date").
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