Off-market insider buying at South Pacific Metals (SPMC)

Off-market insider buying at South Pacific Metals (V:SPMC)

Adam Clode, a Senior Officer, acquired 925,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on April 18th, 2024. This represents a $185,000 investment into the company's shares and an account share holdings change of greater than 100%.

Michael Murphy, a Director, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on April 18th, 2024. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

Geoff Lawrence, a Director and 10% Holder, acquired 325,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on April 18th, 2024. This represents a $65,000 investment into the company's shares and an account share holdings change of 9.1%.

David Loretto, a Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on April 18th, 2024. This represents a $10,000 investment into the company's shares and an account share holdings change of greater than 100%.

South Pacific Metals is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

South Pacific Metals Corp., formerly Kainantu Resources Ltd., is an Asia-Pacific focused gold mining company with four prospective gold-copper projects, such as May River, Kili Teke, KRL North and KRL South (including the prospective Ontenu prospect). All projects are located in mining regions in Papua New Guinea (PNG). Both KRL North and KRL South host high-grade epithermal and porphyry mineralization in the Kainantu Gold District. The May River project is in close proximity to the Frieda River Copper-Gold Project, with historical drilling indicating the potential for significant copper-gold projects. May River project is located less than 15 kilometers (km) from the PanAust-owned Frieda River Project. Kili Teke project is an advanced development project with an existing NI43-101 compliant inferred mineral resource. The Kili Teke project comprises EL 2310 and is located approximately 40 km west-northwest of the Porgera Gold Mine, in the Koroba-Kopiago District of Hela Province, PNG.