South Pacific Metals posts March 31, 2026 net loss of CAD 2.34 million as company cites lower legal, admin costs

Reuters2026/07/29 22:16

By:Reuters

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South Pacific Metals posted a net loss of CAD 2.34 million for the year ended March 31, 2026, narrowing from CAD 3.47 million in the prior 15-month period.
Lower accounting and legal costs of CAD 217,533, down from CAD 388,507, reflected reduced legal spending.
Corporate and administrative expense fell to CAD 186,325 from CAD 543,812, driven by fewer filing and listing costs.
Stock-based payments expense eased to CAD 786,533 from CAD 876,336, reflecting fewer option grants.
Cash rose CAD 1.79 million to CAD 6.94 million, supported by CAD 8.56 million financing inflows offset by CAD 5.01 million investing outflows.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Pacific Metals Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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South Pacific Metals posts March 31, 2026 net loss of CAD 2.34 million as company cites lower legal, admin costs

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