REG - Arc Minerals Limited - Zambia Licence Renewals

ARC MineralsAnnouncement

23/07/2025 09:15

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RNS Number : 2313S  Arc Minerals Limited  23 July 2025

23 July 2025, 09:10 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 domain.

 

Arc Minerals Ltd

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

Zambia Licence Renewals

Arc Minerals (LSE:ARCM), an exploration company focused on developing Tier 1
copper deposits, is pleased to announce the approval of licence renewals for
Zaco Investments Limited (Large Scale Exploration Licence 23005-HQ-LEL) and
Afrimin Resources Limited (Large Scale Exploration Licence 28700-HQ-LEL). Zaco
Investments Limited and Afrimin Resources Limited are subsdiaries of Handa
Resources Limited, the joint venture company with a subsidiary of Anglo
American.

The renewals are subject to payment of statutory area charges, which is
currently in progress.

 

The Directors of Arc are solely and entirely responsible for the content of
this announcement. Neither Anglo American nor any other person, accepts
responsibility for the adequacy or accuracy of this news release.

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 (https://www.arcminerals.com/)
.

 

 

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