On May 28, 2024, South Pacific Metals Corp. closed the transaction. The Units issued under the Offering will be subject to a four month hold period and the company did not pay any finders fees under the Offering.

The transaction included participation from returning investor Snowfields Wealth Management Limited by virtue of Geoffrey Lawrence for 66,670 Units for an aggregate subscription price of CAD 26,668. The transaction also included participation from individual investors Michael Murphy for 125,000 Units for a subscription price of CAD 50,000 and Catherine Fitzgerald for 62,500 Units for a subscription price of CAD 25,000.