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JG Japan Gold News Story

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Brief: Southern Arc Minerals acquires common shares of Japan Gold Corp

Aug 10 (Reuters) - Southern Arc Minerals Inc  SA.V - 
    * Southern Arc acquires common shares of Japan Gold Corp 
    * Southern Arc Minerals Inc - announces that it acquired 
12.5 million  common shares of Japan Gold Corp 
    * Southern Arc Minerals Inc says  private placement, 
represents approximately 18.30% of issued and outstanding common 
shares of Japan Gold 
    * Southern Arc Minerals Inc - also acquired 12.5 million 
warrants of japan gold 
    * Southern Arc Minerals Inc - owns and/or has control over 
36.3 million shares of Japan Gold, representing about 53.08% of 
total shares of Japan Gold 
    * Southern Arc Minerals-acquired warrants of japan gold, if 
exercised, would represent about 15.47% of issued & outstanding 
common shares of Japan Gold 
 
Source text for Eikon:  ID:nGNXOCZAPa  
Further company coverage:  SA.V  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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