Name Change Update

Ortac Resources Limited

22 January 2018

 

22 January 2018

ARC MINERALS LTD 

("ARC" or the "COMPANY")

Name Change Update

The Company is pleased to announce that following the announcement made on 12 January 2018 trading of the Company's shares under the name Arc Minerals Ltd ("Arc Minerals") will commence at 8.00 a.m. on 22 January 2018. 

Trading from 8.00 a.m. on 22 January 2018 will be under the Company's new ISIN number VGG045791016 and SEDOL number BFWJ980. The new TIDM of the Company shall be ARCM.

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Contacts

Arc Minerals Ltd Nick von Schirnding (Executive Chairman)	[phone]
SP Angel (Nominated Adviser & Broker) Ewan Leggat / Lindsay Mair / Soltan Tagiev	[phone]

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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.

About Arc

Arc Minerals Limited is an AIM listed exploration and mine development company focused on a diversified portfolio of mining projects with interests in Slovakia, Eritrea, the Democratic Republic of the Congo and Zambia. 

Arc's current holdings include:

·     A recently announced, and in the process of completion, offer to acquire all the outstanding shares in CASA Mining Limited;

·     A 14 percent equity interest in Zamsort Limited, a private company focused on a prospective copper and cobalt licence in Zambia, with the c. 6 percent balance and interest (convertible note) being rolled forward to the end of 2018;

·     100 percent ownership of the Kremnica Mining Licence Area in Slovakia;

·     An 18.48 percent interest in Andiamo Exploration Limited, a private company exploring for resources in Eritrea.

For more information visit www.arcminerals.com 

 

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