Southern Arc Minerals Inc. Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc." or the "Company") is pleased to announce that all resolutions were passed at its annual general meeting of shareholders (the "AGM") held on June 26, 2024. All of the nominees for election as directors of the Company listed in the Company's information circular dated May 15, 2024, were elected for the ensuing year and the number of directors was fixed at three. John...
2024-06-27 9:00 AM EDT
Southern Arc Minerals Inc. Announces Appointments of New Directors
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2024) - Southern Arc Minerals Inc. (TSXV: SA.H) ("Southern Arc." or the "Company") is pleased to announce the appointment of Vince Boon, CFO of Southern Arc, and Murray Flanigan as directors of the Company, effective May 24, 2024. Mr. Flanigan is a management consultant providing financial advisory services to several public and private mining and technology companies in North America and abroad. Mr. Flanigan is a Chartered Professional...
2024-05-24 7:51 PM EDT
Southern Arc Minerals Inc. Announces Participation in Private Placement of Rise Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Southern Arc Mineral Inc. (TSXV: SA.H) ("Southern Arc." or the "Company") is pleased to announce its participation in the private placement ("Private Placement") offering of Rise Gold Corp. (CSE: RISE) ("Rise"). The Company subscribed for 1,000,000 units of Rise for a total investment of US$400,000. Each purchased unit is comprised of one common share of Rise and one half of one purchase warrant, each whole purchase warrant...
2023-02-22 8:30 AM EST
Southern Arc Announces Completion of Return of Capital Transaction and Resumption of Trading under New Symbol SA.H
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2020) - Southern Arc Minerals Inc. (NEX: SA.H) ("Southern Arc" or the "Company") announces the completion of the return of capital transaction by way of court approved plan of arrangement. For each common share of Southern Arc, a shareholder of Southern Arc received:• 1 Class A share of Southern Arc (NEX: SA.H) • 1.7577751 common shares of Japan Gold Corp. (TSXV: JG)• 0.12009743 common shares of Rise Gold Corp. (CSE: RISE)•...
2020-10-30 1:08 PM EDT
Southern Arc Provides Further Update on Return of Capital Transaction
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that further to its news release dated October 13, 2020, the Company has now confirmed that pursuant to the return of capital transaction for each common share of Southern Arc, a shareholder will receive approximately: 1.77 common shares of Japan Gold Corp. ("Japan Gold");0.12 common shares of Rise Gold Corp. ("Rise Gold"); and 0.07 ordinary...
2020-10-14 8:30 AM EDT
Southern Arc Amends Plan of Arrangement
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that it has amended its previously disclosed plan of arrangement (the "Plan of Arrangement") in order to retain all of the warrants that the Company holds in the capital of Japan Gold Corp. (the "Warrants"). All other distributions under the proposed return of capital transaction under the Plan of Arrangement will remain unchanged with...
2020-10-13 8:30 AM EDT
Southern Arc Provides Update on Return of Capital Transaction and Trading Halt
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that the Company has obtained the final order of the Supreme Court of British Columbia approving the plan of arrangement (the "Arrangement") as well as the final acceptance of the TSX Venture Exchange (the "TSXV") to proceed with the Company's proposed return of capital transaction. The Company received shareholder approval for the return of...
2020-10-07 8:30 AM EDT
Southern Arc Announces Voting Results from Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces the positive outcome of the shareholder (the “Shareholders”) vote at yesterday’s special meeting of the Shareholders (the “Meeting”) regarding the previously announced proposed return of capital transaction by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”).The Arrangement was...
2020-10-01 8:30 AM EDT
Southern Arc Proposes to Unlock Shareholder Value Through Return of Capital Transaction
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces it is proposing to carry out a return of capital transaction (the "Transaction"). Pursuant to the Transaction, the Company proposes to distribute securities (currently owned by the Company) of Japan Gold Corp., Tethyan Resource Corp., and Rise Gold Corp., to the shareholders of the Company on a pro-rata basis. The Transaction is intended to...
2020-08-04 8:30 AM EDT
Southern Arc Announces Disposition of Japan Gold Shares and Subscription in Private Placement of Japan Gold
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that on May 20, 2020 it sold an aggregate of 3,520,000 Japan Gold Shares (each, a "Japan Gold Share") in the capital of the Japan Gold Inc. ("Japan Gold") through the facilities of the TSX Venture Exchange ("Exchange") at the prices of $0.25, $0.255 and $0.26 per Japan Gold Share for aggregate proceeds of $880,150 to Southern Arc. Southern...
2020-06-02 4:33 PM EDT
Southern Arc Converts Japan Gold Corp. Loan to Additional Equity
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that it has converted the principal amount of the bridge loan provided to Japan Gold Corp. ("Japan Gold") in the aggregate amount of $1,000,000 (the "Loan"), as previously announced by Southern Arc on March 9, 2020, into subscription proceeds under a non-brokered private placement of Japan Gold (the "Private Placement") that closed on Friday, May 8,...
2020-05-11 8:30 AM EDT
Southern Arc Announces Resignation of Board Member and Management Change
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces the resignation of Khalid Al Obaidli as a director of the Company. Khalid Al Obaidli has been a director of Southern Arc since November 2013. Mr. Al Obaidli is the Chief Executive Officer of Qatar Mining Company, a long standing shareholder of Southern Arc, and is resigning from Southern Arc to focus on other activities in Qatar. The Company...
2020-03-20 8:30 AM EDT
Southern Arc Agrees to Loan $1 Million to Japan Gold
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2020) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc") and Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold") are pleased to announce that Southern Arc has agreed to the terms of an unsecured loan to Japan Gold in the principal amount of C$1 million (the "Loan"). The Loan is for a 6 month term ending on September 9, 2020. The proceeds from the Loan will be used by Japan Gold...
2020-03-09 8:30 AM EDT
Southern Arc Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) - Southern Arc Minerals Inc. ("Southern Arc" or the "Company") (TSXV: SA) is pleased to announce it has closed the second and final tranche of its previously announced non-brokered private placement. The Company sold 850,000 common shares at a price of C$0.35 per share for gross proceeds of C$297,500 in the second tranche closing of the private placement, and combined with the first tranche, the Company raised aggregate proceeds...
2020-01-06 8:30 AM EST
Southern Arc Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that all matters put forward before the shareholders at its Annual General Meeting of Shareholders held on December 12, 2019 were approved.At the meeting, all six of the individuals nominated for the board of directors were re-elected, being John Proust, Michael Andrews, Khalid Al Obaidli, Robert Gallagher, Morris Klid and John Carlile....
2019-12-19 8:30 AM EST
Southern Arc Closes First Tranche of Private Placement, Balance of Closing Subject to Shareholder Approval
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2019) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement. The Company sold 2,150,000 common shares at a price of C$0.35 per share for gross proceeds of C$752,500 in the first tranche closing of the private placement. No finder's fees were paid in connection with the financing. The proceeds of the...
2019-11-01 5:20 PM EDT
Southern Arc Announces Non-Brokered Private Placement of up to C$1,050,000
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2019) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces the terms of a non-brokered private placement (the "Private Placement") for gross proceeds of up to C$1,050,000 through the issuance of up to 3 million common shares ("Shares") at a price of C$0.35 per Share. John Proust, Sout
2019-09-30 8:30 AM EDT
Southern Arc Announces Call Option Agreement for the Sale of 5m Tethyan Shares
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2019) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces that, in connection with the recently completed C$3.3 million financing completed by Tethyan Resources plc ("Tethyan"), Southern Arc has granted an exclusive call option to purchase up to 5,000,000 of Southern Arc's ordinary shares in Tethyan. The call option was granted to Augusta Investments Inc. ("Augusta"), a private company beneficially...
2019-01-31 8:30 AM EST
Southern Arc Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2018) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announced that the board of directors of the Company has approved the granting of 455,000 incentive stock options (the "Options") to certain directors and officers of the Company. The Options are exercisable at a price of $0.35 per share for a period of five (5) years from the date of grant.On behalf of the Board of So
2018-12-14 8:30 AM EST
Southern Arc Announces Strategic Financing by Japan Gold Corp. with Goldcorp Inc. and RCF Opportunities Fund L.P.
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2018) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") is pleased to announce that Japan Gold Corp. ("Japan Gold") intends to raise approximately $6.65 million (the "Offering") through the issuance of 44,333,334 common shares (each a "Share") at a price of $0.15 per Share (the "Issue Price") by way of a private placement to certain strategic investors, including Goldcorp Inc. (TSX: G) (NYSE: GG) ("Goldcorp")...
2018-12-12 12:15 PM EST