Metal Mining Maverick Secures Major Funding Boost, Brings Industry Veteran Aboard

South Pacific Metals Secures Strategic Financing Through Successful Private Placement
Vancouver, British Columbia - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) is excited to announce the successful completion of its previously disclosed non-brokered private placement offering. The company has strategically raised capital by issuing 13,125,000 units at a price of C$0.48 per unit, generating total gross proceeds of C$6,300.
This financing milestone, initially outlined in the company's January 20, 2025 news release, represents a significant step in South Pacific Metals' ongoing corporate development strategy. The private placement will provide the company with additional resources to advance its current projects and explore potential growth opportunities.
The transaction underscores the company's commitment to prudent capital management and its ability to attract investor interest in the current market landscape.