REG - Arc Minerals Limited - Update on Exclusivity Agreement

ARC MineralsAnnouncement

13/01/2021 07:01

RNS Number : 4697L
  
Arc Minerals Limited
  
13 January 2021
  
 

13 January 2021
Arc Minerals Ltd
('Arc' or the 'Company')
Update on Exclusivity Agreement with Anglo American
Arc Minerals ("Arc") announces that it has received a formal notice from Anglo Exploration Zambia Ltd ("Anglo American") dated 6 January 2021 that, following  due diligence, it is sufficiently satisfied to give notice to conduct negotiations in respect of a commercial transaction prior to the expiry of the extended exclusivity period of 180 days,  commencing in January 2021.  
Arc reminds shareholders that there can be no guarantee that the Company will enter into any commercial transaction with Anglo American.
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Contacts



Arc Minerals Ltd
Nick von Schirnding (Chairman)


 
+44 (0) 20 7917 2942 




SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Adam Cowl
 
WH Ireland Ltd (Joint Broker)
Harry Ansell / Katy Mitchell


 
+44 (0) 20 3470 0470 
 
+44 207 220 1666



 

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