Southern Arc Minerals Inc.

Recent News

  • 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 entitling the Company to...

    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 shares of Adriatic...

    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 shareholders expected to receive...

    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 capital transaction at the special...

    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 approved by shareholders holding 99.93% of the shares that were voted at the Meeting....

    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 maximize value for Southern...

    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.John Proust, the Company's...

    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

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