Nova Pacific Metals Establishes Strategic Advisory Board, Appointing Two Industry Veterans

Strategic Advisory Board Formation - Nova Pacific Metals Corp announces the formation of a Strategic Advisory Board, marking a significant milestone in the company's growth trajectory [1] - Dr Tom Setterfield and Mr Scott Young appointed as inaugural members of the board [1] Dr Tom Setterfield's Expertise - Dr Setterfield brings 44 years of international exploration experience, specializing in IOCG, epithermal Au, and VMS deposit types [3] - He holds a PhD from Cambridge University and has worked on projects in multiple countries, including Mongolia, Australia, Fiji, and Canada [3] - Dr Setterfield co-founded Monster Copper Corporation and TerraX Minerals Inc, and served as VP of Exploration for both companies [3] - His extensive experience includes VMS projects in the Abitibi Belt, Sweden, Brazil, Mongolia, British Columbia, and Australia [4] Mr Scott Young's Background - Mr Young has extensive experience in corporate development, fundraising, and strategic planning across biotech, medtech, and natural resources sectors [5] - His institutional financing network spans North and South America, Europe, and Asia, positioning Nova Pacific to capitalize on global investment opportunities [6] Warrant Repricing - Nova Pacific amends the exercise price of 7,410,000 share purchase warrants from $0.50 to$0.40 per common share, with the warrants set to expire on May 31, 2025 [7] - The original warrant certificates remain valid until the expiry date, with no replacement certificates planned [8] Indigenous Community Relations - Nova Pacific operates on the Traditional, Ancestral, and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, representing six First Nations [9] - The company is committed to fostering inclusion and contributing to shared prosperity with local communities [9] About Nova Pacific - Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia [10] - The Lara Project encompasses 9 strike km of volcanic stratigraphy with potential for precious metal-rich VMS deposits [2] - The company's strategy includes confirmation and infill drilling, updated mineral resource estimates, and preparation of a Pre-Feasibility Study [10]