VANCOUVER, British Columbia – November 30, 2016 – New Pacific Holdings Corp. (“New Pacific” or the “Company”) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated October 17, 2016, were approved by the requisite majority of votes cast at the annual general meeting of the shareholders held on November 29, 2016 (the “AGM”).
The details of the voting results for the election of directors are set out below:
| Votes For | Withheld Votes | |||
| Director | # | % | # | % |
| Rui Feng | 32,447,011 | 99.95 | 16,817 | 0.05 |
| Jack Austin | 32,447,013 | 99.94 | 16,815 | 0.05 |
| David Kong | 32,447,013 | 99.94 | 16,815 | 0.05 |
| Greg Hawkins | 32,447,011 | 99.94 | 16,817 | 0.05 |
| Fengzeng Yan | 32,447,013 | 99.94 | 16,815 | 0.05 |
Shareholders, at the AGM, approved 88.68% in favour of approving the amended stock option plan. Shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year at the remuneration to be fixed by the directors. Final results for all matters voted on at the AGM will be filed on SEDAR at www.sedar.com and on the Company’s website.
ABOUT NEW PACIFIC
New Pacific is a Canadian Investment Issuer engaged in investing in privately held and publicly traded corporations.
For further information, contact:
New Pacific Holdings Corp.,
Rodney Stevens
Vice-President, Corporate Development
Phone: (604) 633-1368
Fax: (604) 669-9387
info@newpacificholdings.ca
www.newpacificholdings.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.