SPMEF Projected Dividend Yield

South Pacific Metals Corp ( OTCBB : SPMEF )

Kainantu Resources is principally engaged in the business of the identification and evaluation of assets or businesses with a view to completing a "Qualifying Transaction" as it is defined in the policies of the TSX Venture Exchange ("Exchange"). Co. has commenced the process of identifying potential acquisitions. There is no assurance that Co. will identify and complete a Qualifying Transaction within the time period described by the policies of the Exchange. Moreover, even if a potential Qualifying Transaction is identified by the Company, it may not meet the requirements of the Exchange.

21 YEAR PERFORMANCE RESULTS