Southern Arc Minerals Inc. is pleased to announce that all resolutions were passed at its annual general meeting of shareholders 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 [...]
Southern Arc Minerals Inc. 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 [...]
Southern Arc Mineral Inc. is pleased to announce its participation in the private placement offering of Rise Gold Corp. . 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 [...]
Southern Arc Minerals Inc. 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 • 1.7577751 common shares of Japan Gold Corp. • 0.12009743 common shares of Rise Gold Corp [...]
Southern Arc Minerals Inc. 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. ; 0.12 common shares of Rise Gold Corp. ; and 0.07 [...]
Southern Arc Minerals Inc. announces that it has amended its previously disclosed plan of arrangement in order to retain all of the warrants that the Company holds in the capital of Japan Gold Corp. . All other distributions under the proposed return of capital transaction under the Plan of Arrangement will remain unchanged with shareholders [...]
Southern Arc Minerals Inc. announces that the Company has obtained the final order of the Supreme Court of British Columbia approving the plan of arrangement as well as the final acceptance of the TSX Venture Exchange to proceed with the Company's proposed return of capital transaction. The Company received shareholder approval for the return of [...]
Southern Arc Minerals Inc. announces the positive outcome of the shareholder vote at yesterday’s special meeting of the Shareholders regarding the previously announced proposed return of capital transaction by way of a court approved plan of arrangement under the Business Corporations Act . The Arrangement was approved by shareholders holding [...]
Southern Arc Minerals Inc. announces it is proposing to carry out a return of capital transaction . Pursuant to the Transaction, the Company proposes to distribute securities 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 Arc Minerals Inc. announces that on May 20, 2020 it sold an aggregate of 3,520,000 Japan Gold Shares in the capital of the Japan Gold Inc. through the facilities of the TSX Venture 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 Arc also announces that on [...]
Southern Arc Minerals Inc. announces that it has converted the principal amount of the bridge loan provided to Japan Gold Corp. in the aggregate amount of $1,000,000 , as previously announced by Southern Arc on March 9, 2020, into subscription proceeds under a non-brokered private placement of Japan Gold that closed on Friday, May 8, 2020. John [...]
Southern Arc Minerals Inc. 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 [...]
