New Pacific Metals Corp.

New Pacific Metals Corp.

July 17, 2007 18:14 ET

New Pacific Metals Corp.: Incentive Stock Options Granted

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2007) - New Pacific Metals Corp. (TSX VENTURE:NUX) is pleased to announce that, subject to regulatory approval, it has granted a total of 450,000 incentive stock options to directors, officers, employees and consultants of the Company. The options are exercisable at $2.50 for a period of five years, and are subject to a vesting period over 36 months. The shares issuable under the options are subject to a hold period expiring November 18, 2007.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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