On April 18, 2024, South Pacific Metals Corp. closed the transaction. The shares issued under the Offering will be subject to a four month hold period.

The company did not pay any finders fees under the Offering. The transaction included participation from new investor DCJL Consulting Ltd. for 50,000 shares for CAD 10,000 and returning investor Oceanside Strategies, Inc. for 100,000 shares for CAD 20,000 and new individual investors Geoffrey Lawrence for 325,000 Shares for a subscription price of CAD 65,000, Michael Murphy for 500,000 Shares for a subscription price of CAD 100,000 and Adam Clode for 925,000 Shares for a subscription price of CAD 185,000.