SA Southern Arc Minerals Inc

Southern Arc Minerals Inc. (TSX VENTURE:SA) (OTCQX:SOACF) ("Southern Arc" or the
"Company") reports that pursuant to the Company's stock option plan, it has
agreed to re-price 7,935,000 incentive stock options issued to certain
directors, officers, employees and consultants of the Company. The options were
originally granted with exercise prices ranging from $0.25 to $2.00, and the
Company will reduce the exercise price to $0.10. Except for the amendment of the
exercise price, all original terms of the options will remain in effect.


The amendment to the exercise price is subject to the approval of the TSX
Venture Exchange. The Company intends to obtain disinterested shareholder
approval for the amendment to the exercise price of the stock options granted to
insiders at the Company's 2014 annual general meeting. Insiders may not exercise
options at the new price until such approval is obtained.


On behalf of the Board of Southern Arc Minerals Inc. 

John Proust, Chairman & Chief Executive Officer

About Southern Arc

Southern Arc Minerals Inc. is a Canadian mineral exploration company focused on
gold and copper-gold exploration. The Company is advancing two properties in
Indonesia: West Lombok, a resource-stage property with several gold-rich copper
porphyry and epithermal gold vein prospects, and East Elang, a grassroots
exploration property that will be advanced in partnership with Vale
International SA. Southern Arc also owns 25% of Eagle Hill Exploration, which
owns the high-grade Windfall Lake Gold Project in Quebec, Canada. More
information is available at www.southernarcminerals.com. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as such
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward-looking Statements 

This news release contains forward-looking statements relating to expected or
anticipated future events or results that are forward-looking in nature and, as
a result, are subject to certain risks and uncertainties. In particular, this
news release contains forward-looking statements and assumptions pertaining to
the granting of shareholder and regulatory approvals, the timing for receipt of
shareholder and regulatory approvals, and the Company's ability to execute and
implement future plans. Actual results achieved may vary from the information
provided herein as a result of numerous known and unknown risks and
uncertainties, including general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, potential
delays or changes in plans, the occurrence of unexpected events and other
factors.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Southern Arc Minerals Inc.
Rhylin Bailie
Vice President, Communications & Investor Relations
604-676-5241
info@southernarcminerals.com
www.southernarcminerals.com

Grafico Azioni Southern Arc Minerals (TSXV:SA)
Storico
Da Dic 2024 a Gen 2025

Grafico Azioni Southern Arc Minerals (TSXV:SA)
Storico
Da Gen 2024 a Gen 2025