Southern Arc Announces Changes to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2015) - Southern Arc Minerals (TSXV: SA) ("Southern Arc" or "the Company") is pleased to announce the appointment of two new directors: John Carlile and Morris Klid. David Stone has stepped down as a director but will continue with Southern Arc as a strategic advisor.
John Carlile is a geologist with more than 35 years of experience in the resource industry. Mr. Carlile has held senior executive and director positions with both major and junior resource companies. As a geologist, Mr. Carlile has a proven track record of mineral discovery and business building in Asia, most notably as Exploration Manager, Asia for Newcrest Mining Ltd. when it discovered its Gosowong mine. Mr. Carlile has served on the boards of several resource companies, and currently holds the position of director for Equator Gold and Arc Exploration Ltd.. He holds a BSc in Geology from University of Reading, England, and an MSc in Mineral Exploration from Imperial College, University of London. Mr. Carlile is a Fellow of the AusIMM and a Fellow of the Geological Society of London.
Morris Klid has worked as an entrepreneur for over 30 years, providing innovative services primarily in the corporate due diligence, legal, financial, and search and registration markets. Mr. Klid established the Cyberbahn Group of Companies, which was acquired by Thomson Reuters in 2008. Since that time he has focused on investing in both established companies and start-ups. Mr. Klid is currently involved in angel financing for several companies, and actively participates as an advisor and board member for all. Mr. Klid has a BA in Economics from Wilfrid Laurier University.
"These appointments add to our current bench strength and will bring additional exploration and business insight as Southern Arc continues to advance its current portfolio of assets and evaluate new investment and exploration opportunities," said John Proust, Chairman and CEO of Southern Arc. "On behalf of Southern Arc's directors, employees and shareholders, I would also like to thank David Stone for his contributions. David has been a valued member of Southern Arc's Board since 2008, and we are pleased to have him remain as a strategic advisor."
On behalf of the Board of
Southern Arc Minerals Inc.
"John Proust"
Chairman & CEO, Director
About Southern Arc
Southern Arc Minerals Inc. is a Canadian mineral exploration company focused on gold and copper-gold exploration. The Company is advancing two properties in Indonesia: West Lombok, a resource-stage property with several gold-rich copper porphyry and epithermal gold vein prospects, and East Elang, a grassroots exploration property that will be advanced in partnership with Vale International SA. Southern Arc also owns 26% of Eagle Hill Exploration, which is advancing the high-grade Windfall Lake Gold Project in Quebec, Canada. More information is available at www.southernarcminerals.com.
Southern Arc Contact
Rhylin Bailie
Vice President, Communications & Investor Relations
Phone: 604-676-5241
Email: info@southernarcminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
This news release contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the company's capability to execute and implement future plans. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
