REG - Arc Minerals Limited - Casa Disposal Update

ARC MineralsAnnouncement

01/07/2022 07:00

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RNS Number : 9272Q  Arc Minerals Limited  01 July 2022

1 July 2022

Arc Minerals Ltd

('Arc Minerals' or the 'Company')

Casa Disposal Update

Further to the announcement of 29 April 2022, the Company is pleased to
announce that it received on 30 June 2022 the first cash payment of US$125k
towards the US$1.5m receivable from the disposal of its Casa interests. The
next US$125k is due within the next 30 days and the issuance of $1.25m in
listed stock remains due by 28 July 2022. The initial cash payments were
delayed due to constraints imposed by relevant Canadian exchange regulations.

 

 

**ENDS**

For more information visit www.arcminerals.com (http://www.arcminerals.com) .

 

Contacts

 Arc Minerals Ltd                                 +44 (0) 20 7917 2942

 Nick von Schirnding (Executive Chairman)

 SP Angel (Nominated Adviser & Joint Broker)      +44 (0) 20 3470 0470

 Ewan Leggat / Adam Cowl

 WH Ireland Limited (Joint Broker)                +44 (0) 20 7220 1666

 Harry Ansell / Katy Mitchell

 

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