New Pacific Metals Corp.



Incentive Stock Options Granted

VANCOUVER, BRITISH COLUMBIA â€" January 19, 2009 â€" New Pacific Metals Corp. (TSX-V: NUX) is pleased to announce that, subject to regulatory approval, it has granted a total of 1,200,000 incentive stock options to directors, officers, employees and consultants of the company. The options are exercisable at $0.50 for a period of five years, and are subject to a vesting period over 24 months. The shares issuable under the options are subject to a hold period expiring May 20, 2009.

For Further Information:
New Pacific Metals Corp.
Lou Duarte, President & CEO
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387

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