Arc Minerals Limited Update on Exclusivity Agreement (4697L)
13 Gennaio 2021 - 8:00AM
UK Regulatory
TIDMARCM
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
+44 (0) 20 3470 0470
WH Ireland Ltd (Joint Broker)
Harry Ansell / Katy Mitchell +44 207 220 1666
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END
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January 13, 2021 02:00 ET (07:00 GMT)
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