reports
Southern Arc Announces Completion of Return of Capital Transaction and...
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)• 0.0726999 ordinary shares of Adriatic Metals plc (LSE: ADT1)Southern Arc's Class A shares will resume trading ...
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 Metals plc ("Adriatic Metals").These figures are approximate and subject to final adjus...
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 their pro-rata share of Southern Arc's common shares of Japan Gold Corp., Adria...
Southern Arc Provides Update on Return of Capital Transaction and Trad...
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 meeting held on September 30, 2020.Trading in the shares of the Company w...
Southern Arc Announces Voting Results from Special Meeting of Sharehol...
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. Based on overwhel...
Southern Arc Proposes to Unlock Shareholder Value Through Return of Ca...
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 Arc's shareholders and allow Southern Arc to distribute assets to its shareholde...
Southern Arc Announces Disposition of Japan Gold Shares and Subscripti...
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 Arc also announces that on May 29, 2020 it used the proceeds from the sale of the 3,520,000 Japan Gold Shares to...
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 Chairman and CEO commented, "Southern Arc recognizes the accomplishment...
Southern Arc Announces Resignation of Board Member and Management Chan...
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 would like to thank Mr. Al Obaidli for his time and contributions to Southern Arc. Michael Andrews has relinq...
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 for working capital and general corporate purposes. In consideration for the Loan, Southern Arc will receive from Japan Gold a cash fee of 5% of th...
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 of $1,050,000 pursuant to the private placement.No finder's fees were paid in connection with the finan...
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. Shareholders re-appointed KPMG LLP as auditors of the Company, confirmed and re-approved the Company's rolling ...
Southern Arc Closes First Tranche of Private Placement, Balance of Clo...
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 private placement will be used for general working capital. Under applicable Canadian securities laws, t...
Southern Arc Announces Non-Brokered Private Placement of up to C$1,050...
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, Southern Arc's Chairman and CEO, will be subscribing for 2 million Shares (C$700,000) of the Private Placement through a trust, of which he is the sole trustee (the "Trust"). The balance of 1 million Shares (the "Balance") w...
Southern Arc Announces Call Option Agreement for the Sale of 5m Tethya...
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 owned by Richard Warke. The call option is valid for a period of 18 months and is exercisable at a price o...
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 Southern Arc Minerals Inc."John Proust"Chairman & CEOAbout Southern ArcSouthern Arc is a Canadian company focused on enhancing shareholder val...
Southern Arc Announces Results from Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2018) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") announces all resolutions were passed at its annual general meeting of shareholders (the "Meeting") held on December 7, 2018.Each of the nominees for elections as directors listed in the Company's information circular dated November 1, 2018 were elected as directors of the Company for the ensuing year and the number of directors was fixed at 6 (six). John Proust, Dr. Michael Andrews, John Carlile, Khalid Al Obaidli, Robert Gallagher and Morris Klid were al...
Southern Arc Invests $750,000 in Rise Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2018) - Southern Arc Minerals Inc. (TSXV: SA) ("Southern Arc" or the "Company") is pleased to announce that it has purchased 7,500,000 units in Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) ("Rise Gold") at a price of C$0.10 per unit for an aggregate purchase price of C$750,000 by way of private placement. Each unit consists of one share of Rise Gold's common stock and one-half of one share purchase warrant. Each whole warrant is exercisable into one additional share of Rise Gold's common stock at an exercise price of C$0.13 per share unt...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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