The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Update on Exclusivity Agreement

13 Jan 2021 07:00

RNS Number : 4697L
Arc Minerals Limited
13 January 2021
 

13 January 2021

Arc Minerals Ltd

('Arc' or the 'Company')

Update on Exclusivity Agreement with Anglo American

Arc Minerals ("Arc") announces that it has received a formal notice from Anglo Exploration Zambia Ltd ("Anglo American") dated 6 January 2021 that, following due diligence, it is sufficiently satisfied to give notice to conduct negotiations in respect of a commercial transaction prior to the expiry of the extended exclusivity period of 180 days, commencing in January 2021.

Arc reminds shareholders that there can be no guarantee that the Company will enter into any commercial transaction with Anglo American.

**ENDS**

Contacts

Arc Minerals Ltd

Nick von Schirnding (Chairman)

 

+44 (0) 20 7917 2942 

SP Angel (Nominated Adviser & Broker)

Ewan Leggat / Adam Cowl

 

WH Ireland Ltd (Joint Broker)

Harry Ansell / Katy Mitchell

 

+44 (0) 20 3470 0470 

 

+44 207 220 1666

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUUSARAOUAAUR

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.