South Pacific Metals Corp. announces that Odyssey Trust Company has replaced Computershare Trust Company of Canada as the registrar and transfer agent of the Company effective July 2, 2024. Shareholders of SPMC need not take any action in respect of the change in transfer agent. All inquiries and correspondence relating to shareholders' records, transfer of shares, lost certificates, or change of address should now be [...]
South Pacific Metals Corp. announces the grant of 600,000 stock options that are exercisable for a period of five years at the price of C$0.51 per share to various directors, senior officers, and consultants of the Company. The stock options will vest over a period of three years. About South Pacific Metals Corp. SPMC is an Asia-Pacific focused gold and copper exploration company with four highly prospective projects: KRL [...]
South Pacific Metals Corp. is pleased to announce that it has closed its private placement financing of C$1,500,000, which was originally announced on April 29, 2024. The Company has issued an aggregate of 3,750,000 units of the Company at a price of C$0.40 per Unit to raise gross proceeds of C$1,500,000. Each Unit will consist of one common share of SPMC and one common share purchase warrant, with each warrant [...]
South Pacific Metals Corp. is pleased to announce the appointment of Michael Murphy as Chief Executive Officer, and Cathy Fitzgerald as President and Chief Geologist of the Company, effective immediately. Both Mr. Murphy and Ms. Fitzgerald are accomplished executives with extensive experience in designing and executing strategic initiatives and creating value for shareholders. Mr. Murphy has an established track record of [...]
South Pacific Metals Corp. is pleased to announce the appointment of Scott Kelly as the Company's Chief Financial Officer, effective immediately. Mr. Kelly's qualifications and experience make him a valuable addition to SPMC's senior management team. Mr. Kelly is a management, accounting, and finance professional with over 20 years of experience providing senior level management, accounting, and financial services to [...]
South Pacific Metals Corp. announces a non-brokered private placement financing of up to 3,750,000 units of the Company at a price of C$0.40 per Unit for gross proceeds of up to C$1,500,000 . Each Unit will consist of one common share of SPMC and one common share purchase warrant, with each warrant exercisable into one common share at an exercise price of $0.90 per share at any time up to 24 months following the closing [...]
South Pacific Metals Corp. is pleased to announce the appointment of Cathy Fitzgerald as an independent, non-executive director of the Company and the appointment of Michael Murphy as Executive Chairman of the Company, effective immediately. Ms. Fitzgerald is an experienced executive and professional geologist who brings over 20 years of experience in technical leadership roles structuring, leading, and managing teams [...]
South Pacific Metals Corp. is pleased to announce that it has closed its previously announced private placement financing of C$1,500,000 , originally announced on February 23, 2024. The Company has issued an aggregate of 7,500,000 common shares of the Company at a price of C$0.20 per Share to raise gross proceeds of C$1,500,000. The Shares issued under the Offering will be subject to a four month hold period. The Company [...]
South Pacific Metals is pleased to announce the appointment of Michael Murphy as an independent, non-executive director of the Company. The board of directors of SPMC now consists of Dain Currie, Geoff Lawrence, David Loretto, and Michael Murphy. Mr. Murphy brings extensive experience in the resource sector to the board, and holds a BA from the University of British Columbia, an MBA from Saint Mary's University, a MSc [...]
South Pacific Metals announces that, further to its news release dated March 14, 2024, SPMC has completed a shares for debt transaction to settle the outstanding principal amount of C$1,270,000 plus accrued interest of C$79,726.63 owed to the 10% secured convertible debenture holders. In total, the Company has issued 6,748,631 common shares of the Company at a price of C$0.20 per share to settle total indebtedness of [...]
South Pacific Metals announces, further to its news release dated February 23, 2024, it plans to complete a shares for debt transaction to settle the outstanding principal amount of C$1,270,000 plus accrued interest of C$79,726.63 owed to the 10% secured convertible debenture holders. In total, the Company plans to issue 6,748,633 common shares of the Company at a price of C$0.20 per share to settle total indebtedness of [...]
South Pacific Metals announces a non-brokered private placement financing of up to 7,500,000 common shares in the capital of the Company at a price of C$0.20 per Share for gross proceeds of up to C$1,500,000. The Shares issued under the Offering will be subject to a four month hold period. The Company may pay finders a fee in cash and/or warrants under the Offering. The proceeds of the Offering will be used as follows [...]
