REG - Arc Minerals Limited - Directorate Change

ARC MineralsAnnouncement

Mon 07:00

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RNS Number : 3048Y  Arc Minerals Limited  08 September 2025

8 September 2025, 06:00 UTC

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service (RIS), this inside information
will be in the public

 

Arc Minerals Ltd

('Arc Minerals', 'Arc', or the 'Company')

Directorate Change

Arc Minerals (LSE:ARCM) is pleased to announce the appointment of Mr. Abyudi
James Shonga Jnr, ("AJ Shonga") as a Non-Executive Director to its Board of
Directors effective 5 September 2025. Mr. Shonga is a distinguished Zambian
lawyer and State Counsel, currently serving as Managing Partner of Shamwana
& Company Advocates.

 

Mr. Shonga brings over 30 years of legal experience spanning litigation,
arbitration, and corporate law, having served as Solicitor General and
subsequently Attorney General of the Republic of Zambia. In these senior
government roles, Mr. Shonga acted as the chief legal adviser to the Zambian
Government, advising on significant legal matters and overseeing legislative
affairs. He also sat on various statutory boards during his tenure and has
been involved in high-profile domestic and international legal proceedings,
including arbitration cases. Notably, Mr. Shonga is a former President of the
Law Association of Zambia, reflecting his prominent stature in the legal
profession. His extensive background gives him a deep understanding of the
legal framework in Zambia.

 

Mr. Shonga's appointment underscores Arc's commitment to the highest standards
of corporate governance and strengthens the Company's in-country expertise as
it continues to expand its project portfolio in Zambia. Mr. Shonga's insights
into Zambian law and regulation will be invaluable in guiding Arc's legal
strategy and supporting regional operations. With his proven track record of
advising government and industry at the highest levels, he is well placed to
assist Arc in navigating complex regulatory environments and fostering strong
stakeholder relationships.

 

Nick von Schirnding, Executive Chairman, commented:

 

"I am delighted to welcome AJ to the Board of Arc Minerals. His distinguished
legal career, including his role as a previous Attorney General of Zambia, and
his deep understanding of Zambia's regulatory landscape combined with a wealth
of experience will be an invaluable complement to the existing skillset and
expertise of the Board. This appointment further strengthens our Zambian
presence, ensuring that we have robust legal and governance expertise to
support our strategy. I look forward to working closely with AJ as we progress
our exciting projects in Zambia and continue to build value for our
shareholders."

 

AJ Shonga, Non-Executive Director, commented:

 

"I am honoured to join Arc Minerals' Board at this pivotal time for the
Company and I look forward to contributing my experience in legal and
regulatory matters to support Arc's ambitions. I am excited to work with the
Board and management team to ensure strong governance and to help drive Arc's
strategic initiatives forward, particularly within Zambia's dynamic mining
sector."

Regulatory Disclosures

Save for the information set out above and below, there are no further
disclosures to be made in accordance with Rule 17 and Schedule Two paragraph
(g) of the AIM Rules for Companies in respect of the appointment of Mr. Abyudi
James Shonga Jnr, aged 57. Mr Shonga has no interest in any  ordinary shares
in the capital of the Company.

 

 Current Directorships and Partnerships of Mr Shonga  Past Directorships and Partnerships in the last 5 years
 Equity Capital Resources plc                         None
 Shamwana & Company
 Unifi Zambia

 

Forward-looking Statements

This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterised by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are not
guarantees of future performance and accordingly undue reliance should not be
put on such statements due to the inherent uncertainty therein.

 

**ENDS**

For further information, contact:

 Arc Minerals
 Ltd

                                                                                           info@arcminerals.com
 Nick von Schirnding (Executive Chairman)

 Zeus Capital Ltd (Nominated Adviser & Joint Broker)                                         Tel: +44 (0) 20 3829 5000

 Katy Mitchell/Harry Ansell

 Shard Capital Partners LLP (Joint Broker)                                                   Tel: +44 (0) 20 7186 9952

 Damon Heath

 

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

 

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