South Pacific Metals Corp (SPMC) Financings
TSXV: SPMC · Gold, Copper · Advanced Exploration stage
- Market cap$46.1M
- Share price$0.660
- 52-week range$0.305 – $0.980
- Shares outstanding69,906,855
- ExchangeTSXV
- Websitesouthpacificmetals.ca
South Pacific Metals Corp. is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven gold and copper production corridors. SPMC common shares are listed on the TSX Venture Exchange (TSXV: SPMC), the OTCQB Marketplace (OTCQB: SPMEF) and the Frankfurt Stock Exchange (FSE: 6J00).
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
South Pacific Metals Corp financial statements
Key figures read from 28 of 28 financial statement filings, May 3, 2019 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 thousands | Dec 2021 thousands | |
|---|---|---|---|---|---|
| Cash and equivalents | C$6,939,682 | US$3,581,403 | US$1,345,201 | US$311 | US$649 |
| Total current assets | C$7,326,927* | US$3,740,716* | US$1,449,863* | US$502 | US$740 |
| Total current liabilities | — | — | — | US$708 | US$451 |
| Working capital | — | — | — | (US$206) | US$289 |
| Exploration and evaluation assets | C$20,391,184 | US$10,925,799 | US$9,617,866 | US$6,198 | US$4,166 |
| Property, plant and equipment | C$740,276 | US$67,382 | US$49,248 | US$283 | US$394 |
| Total assets | C$28,592,982 | US$14,855,067 | US$11,394,318 | US$7,609 | US$5,508 |
| Debt | — | US$0 | US$1,043,764 | — | — |
| Shareholders' equity | — | US$14,330,143 | US$8,221,019 | US$6,901 | US$5,057 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Dec 2023 | FY Dec 2022 thousands | FY Dec 2021 thousands | |
|---|---|---|---|---|---|
| General and administrative | C$186,325 | US$391,326 | US$166,913 | US$278 | US$121 |
| Share-based compensation | C$786,533 | US$634,117 | US$18,856 | US$181 | US$596 |
| Impairments and write-downs | C$0 | US$37,257 | US$188,215 | US$19 | — |
| Net income (loss) | (C$2,342,532) | (US$2,556,034) | (US$1,607,217) | (US$1,485) | (US$1,776) |
Cash flow statement: annual key figures
Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Dec 2023 | FY Dec 2022 thousands | FY Dec 2021 thousands | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,739,874) | (US$2,649,818) | (US$88,917) | (US$948) | (US$880) |
| Investing cash flow | (C$5,012,532) | (US$1,158,163) | (US$1,469,207) | (US$2,455) | (US$1,577) |
| Financing cash flow | C$8,563,222 | US$6,116,400 | US$2,442,000 | US$3,067 | US$3,019 |
| Exploration spending (capitalized) | (C$4,287,651) | (US$1,090,781) | (US$1,467,004) | (US$1,938) | (US$1,703) |
| Property, plant and equipment spending | — | — | — | — | (US$105) |
| Proceeds from share issues | C$8,444,722 | US$6,651,400 | US$1,551,000 | US$3,273 | US$3,005 |
| Change in cash | C$1,791,030 | US$2,308,419 | US$1,034,125 | (US$338) | US$649 |
| Cash at end of period | C$6,939,682 | US$3,581,403 | US$1,345,201 | US$311 | US$649 |
South Pacific Metals Corp financings
1 financing announced or closed by South Pacific Metals Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-09 | South Pacific Metals Corp (SPMC) | Private placement, brokered | Closed, 1 tranche | $20.0M | $0.830 | South Pacific Metals Announces Marketed Equity Offering Up to C$15 Million |
South Pacific Metals Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments South Pacific Metals Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-03-20 | Convertible debenture, repaid / settled | — | C$1.27M | 10% |
| 2024-03-14 | Convertible debenture, repaid / settled | — | C$1.27M | 10%, matures 2026-06-22 |