Southern Arc Mineral (SOACF) 0.0362 $SOACF
Southern Arc Amends and Closes Sale of Taliwang Project
Marketwire - Thu Jul 24, 6:31AM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc"
today announced that the Company has amended the sale agreement and closed the sale of its interest in the Taliwang project. Pursuant to the terms of the agreement, Southern Arc's wholly-owned subsidiary Indotan Sumbawa Pte. Ltd. has sold its 90% share in the Indonesian company that owns the Taliwang project (remaining 10% held by the West Sumbawa Regency Government) to a prominent Indonesian businessman (the "Purchaser" . The Purchaser has paid US$1,000,000 and granted a 5% net smelter royalty ("NSR" to Southern Arc. The Purchaser has the option to buy back 3% of the NSR by paying Southern Arc US$3,000,000.
Southern Arc Files Technical Report and Updated Mineral Resource Statement for Windfall Lake Gold Project
Marketwire - Thu Jul 17, 3:31PM CDT
Southern Arc Minerals Inc. (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or the "Company" today filed a Technical Report pursuant to the Canadian Securities Administrators' National Instrument 43-101 and Form 43-101F1 regarding an updated resource estimate for the Windfall Lake Gold Project, located in the Abitibi Gold Belt approximately 200 km northeast of Val d'Or, Quebec. The resource estimate and technical report were completed by SRK Consulting (Canada) Inc. ("SRK" . The technical report is available on SEDAR at www.sedar.com and on the Company's website at www.southernarcminerals.com.
Southern Arc Announces Re-pricing of Stock Options
Marketwire - Tue Apr 01, 4:01PM CDT
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.
Southern Arc Agrees to Purchase Additional Shares and Warrants in Eagle Hill Exploration
Marketwire - Fri Mar 28, 6:21AM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" today announced that the Company has agreed to purchase additional shares and warrants in Eagle Hill Exploration Corporation ("Eagle Hill" (TSX VENTURE: EAG)(OTCQX: EHECF). Eagle Hill is a Canadian mineral exploration company focused on the exploration and development of the high-grade Windfall Lake Gold Deposit, located between Val-d'Or and Chibougamau in Quebec. As part of Eagle Hill's recently announced non-brokered private placement of $3.5 million (the "Offering" , Southern Arc has agreed to purchase approximately 3.6 million units directly from Eagle Hill, and a further 7.5 million units in a structured transaction involving the issuance of flow-through units to investors, their donation to charity and subsequent resale by charities to Southern Arc. Southern Arc has agreed to pay $0.07 per unit, for a total investment of $776,315.72. Each unit consists of one common share (a "Share" of Eagle Hill and one share purchase warrant (a "Warrant" of Eagle Hill. Each Warrant entitles Southern Arc to acquire one Share at a price of $0.10 for a period of two years following closing of the Offering.
Southern Arc Second Quarter Financial Results and Projects Update
Marketwire - Fri Feb 28, 6:31AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company" today announced the results of its second quarter ended December 31, 2013, along with an update on its portfolio of projects. Details of the Company's financial results are described in the unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis ("MD&A" , which will be available on the Company's website at www.southernarcminerals.com and on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless otherwise stated.
Southern Arc Finalizes Sale of Taliwang Project
Marketwire - Fri Feb 28, 6:31AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" today announced that the Company has finalized an agreement for the sale of its interest in the Taliwang project. Pursuant to the terms of the agreement, Southern Arc's wholly-owned subsidiary Indotan Sumbawa Pte. Ltd., which holds a 90% share in the Indonesian company that owns the Taliwang project (remaining 10% held by the West Sumbawa Regency Government), will be sold to a prominent Indonesian businessman (the "Purchaser" in consideration for the payment of US$1,600,000 and the granting of a 5% net smelter royalty to Southern Arc. The Purchaser has the option to buy back 3% of the net smelter royalty by paying Southern Arc US$3,000,000. The Purchaser has made two payments to Southern Arc totaling US$400,000 and will pay Southern Arc an additional US$1,200,000 in four consecutive weekly installments of US$300,000.
Eagle Hill Exploration and Southern Arc Minerals to Host Investor Session on March 2, 2014
Marketwire - Mon Feb 03, 6:31AM CST
Eagle Hill Exploration Corporation (TSX VENTURE: EAG) (OTCQX: EHECF) ("Eagle Hill" and Southern Arc Minerals (TSX VENTURE: SA) (OTCQX: SOACF) ("Southern Arc" will host an Investor Session in Toronto on March 2, 2014, to provide an update on activities at Eagle Hill's Windfall Lake Gold Project and Southern Arc's portfolio of projects.
Southern Arc Files Technical Report for Windfall Lake Gold Project
Marketwire - Fri Jan 17, 6:01AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company" today filed a technical report related to the Windfall Lake Gold Project ("Windfall Lake" . Southern Arc is required to file a technical report for Windfall Lake since Southern Arc holds a substantial interest in the project through the Company's investment in Eagle Hill Exploration Corp., making the Windfall Lake project material to Southern Arc pursuant to National Instrument 43-101. The technical report outlines the work completed at Windfall Lake up to the date of Southern Arc's investment in the project, restating the July 25, 2012 mineral resource estimate and documenting the exploration and development activities completed on the property until April 25, 2013. The technical report was completed by SRK Consulting (Canada) Inc. ("SRK" and has been filed on SEDAR at www.sedar.com and on Southern Arc's website.
Southern Arc Files West Lombok Technical Report
Marketwire - Fri Aug 23, 1:44PM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company" has filed a National Instrument 43-101 Technical Report regarding the resource estimate for its West Lombok property. The resource estimate and technical report were completed by SRK Consulting (Canada) Inc. ("SRK" . The technical report has been filed on SEDAR at www.sedar.com and on Southern Arc's website.
Eagle Hill Announces Approval of $12 Million Private Placement, Election of New Directors and Changes to Management Team
Marketwire - Thu Aug 15, 6:31AM CDT
Eagle Hill Exploration Corporation (TSX VENTURE: EAG) ("Eagle Hill" or the "Company" is pleased to announce the results of its annual general meeting and subsequent Board of Directors meeting, both held on August 14, 2013.
Southern Arc and Dundee Corporation Complete $12 Million Strategic Investment in Eagle Hill Exploration Corporation
Marketwire - Thu Aug 15, 6:30AM CDT
Southern Arc Minerals Inc. (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company" is pleased to announce that it has received shareholder approval to complete a strategic investment and acquire a 26.14% interest in Eagle Hill Exploration Corporation ("Eagle Hill" (TSX VENTURE: EAG), as previously announced on July 11, 2013. Southern Arc invested $7,324,050 to acquire 97,654,000 units of Eagle Hill by way of private placement at a price of $0.075 per unit. Each unit comprises one common share of Eagle Hill and one half share purchase warrant, with each whole warrant entitling the holder to acquire a further common share of Eagle Hill at a price of $0.10 per share for a period of four years. Should Southern Arc choose to exercise all of its warrants, the Company would hold a 30.74% interest in Eagle Hill on a fully diluted basis, and be the company's largest shareholder.
Southern Arc Amends and Closes Sale of Taliwang Project
Marketwire - Thu Jul 24, 6:31AM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc"
today announced that the Company has amended the sale agreement and closed the sale of its interest in the Taliwang project. Pursuant to the terms of the agreement, Southern Arc's wholly-owned subsidiary Indotan Sumbawa Pte. Ltd. has sold its 90% share in the Indonesian company that owns the Taliwang project (remaining 10% held by the West Sumbawa Regency Government) to a prominent Indonesian businessman (the "Purchaser" . The Purchaser has paid US$1,000,000 and granted a 5% net smelter royalty ("NSR" to Southern Arc. The Purchaser has the option to buy back 3% of the NSR by paying Southern Arc US$3,000,000. Southern Arc Files Technical Report and Updated Mineral Resource Statement for Windfall Lake Gold Project
Marketwire - Thu Jul 17, 3:31PM CDT
Southern Arc Minerals Inc. (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or the "Company"
today filed a Technical Report pursuant to the Canadian Securities Administrators' National Instrument 43-101 and Form 43-101F1 regarding an updated resource estimate for the Windfall Lake Gold Project, located in the Abitibi Gold Belt approximately 200 km northeast of Val d'Or, Quebec. The resource estimate and technical report were completed by SRK Consulting (Canada) Inc. ("SRK" . The technical report is available on SEDAR at www.sedar.com and on the Company's website at www.southernarcminerals.com. Southern Arc Announces Re-pricing of Stock Options
Marketwire - Tue Apr 01, 4:01PM CDT
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. Southern Arc Agrees to Purchase Additional Shares and Warrants in Eagle Hill Exploration
Marketwire - Fri Mar 28, 6:21AM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc"
today announced that the Company has agreed to purchase additional shares and warrants in Eagle Hill Exploration Corporation ("Eagle Hill" (TSX VENTURE: EAG)(OTCQX: EHECF). Eagle Hill is a Canadian mineral exploration company focused on the exploration and development of the high-grade Windfall Lake Gold Deposit, located between Val-d'Or and Chibougamau in Quebec. As part of Eagle Hill's recently announced non-brokered private placement of $3.5 million (the "Offering" , Southern Arc has agreed to purchase approximately 3.6 million units directly from Eagle Hill, and a further 7.5 million units in a structured transaction involving the issuance of flow-through units to investors, their donation to charity and subsequent resale by charities to Southern Arc. Southern Arc has agreed to pay $0.07 per unit, for a total investment of $776,315.72. Each unit consists of one common share (a "Share" of Eagle Hill and one share purchase warrant (a "Warrant" of Eagle Hill. Each Warrant entitles Southern Arc to acquire one Share at a price of $0.10 for a period of two years following closing of the Offering. Southern Arc Second Quarter Financial Results and Projects Update
Marketwire - Fri Feb 28, 6:31AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company"
today announced the results of its second quarter ended December 31, 2013, along with an update on its portfolio of projects. Details of the Company's financial results are described in the unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis ("MD&A" , which will be available on the Company's website at www.southernarcminerals.com and on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless otherwise stated. Southern Arc Finalizes Sale of Taliwang Project
Marketwire - Fri Feb 28, 6:31AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc"
today announced that the Company has finalized an agreement for the sale of its interest in the Taliwang project. Pursuant to the terms of the agreement, Southern Arc's wholly-owned subsidiary Indotan Sumbawa Pte. Ltd., which holds a 90% share in the Indonesian company that owns the Taliwang project (remaining 10% held by the West Sumbawa Regency Government), will be sold to a prominent Indonesian businessman (the "Purchaser" in consideration for the payment of US$1,600,000 and the granting of a 5% net smelter royalty to Southern Arc. The Purchaser has the option to buy back 3% of the net smelter royalty by paying Southern Arc US$3,000,000. The Purchaser has made two payments to Southern Arc totaling US$400,000 and will pay Southern Arc an additional US$1,200,000 in four consecutive weekly installments of US$300,000. Eagle Hill Exploration and Southern Arc Minerals to Host Investor Session on March 2, 2014
Marketwire - Mon Feb 03, 6:31AM CST
Eagle Hill Exploration Corporation (TSX VENTURE: EAG) (OTCQX: EHECF) ("Eagle Hill"
and Southern Arc Minerals (TSX VENTURE: SA) (OTCQX: SOACF) ("Southern Arc" will host an Investor Session in Toronto on March 2, 2014, to provide an update on activities at Eagle Hill's Windfall Lake Gold Project and Southern Arc's portfolio of projects. Southern Arc Files Technical Report for Windfall Lake Gold Project
Marketwire - Fri Jan 17, 6:01AM CST
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company"
today filed a technical report related to the Windfall Lake Gold Project ("Windfall Lake" . Southern Arc is required to file a technical report for Windfall Lake since Southern Arc holds a substantial interest in the project through the Company's investment in Eagle Hill Exploration Corp., making the Windfall Lake project material to Southern Arc pursuant to National Instrument 43-101. The technical report outlines the work completed at Windfall Lake up to the date of Southern Arc's investment in the project, restating the July 25, 2012 mineral resource estimate and documenting the exploration and development activities completed on the property until April 25, 2013. The technical report was completed by SRK Consulting (Canada) Inc. ("SRK" and has been filed on SEDAR at www.sedar.com and on Southern Arc's website. Southern Arc Files West Lombok Technical Report
Marketwire - Fri Aug 23, 1:44PM CDT
Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company"
has filed a National Instrument 43-101 Technical Report regarding the resource estimate for its West Lombok property. The resource estimate and technical report were completed by SRK Consulting (Canada) Inc. ("SRK" . The technical report has been filed on SEDAR at www.sedar.com and on Southern Arc's website. Eagle Hill Announces Approval of $12 Million Private Placement, Election of New Directors and Changes to Management Team
Marketwire - Thu Aug 15, 6:31AM CDT
Eagle Hill Exploration Corporation (TSX VENTURE: EAG) ("Eagle Hill" or the "Company"
is pleased to announce the results of its annual general meeting and subsequent Board of Directors meeting, both held on August 14, 2013. Southern Arc and Dundee Corporation Complete $12 Million Strategic Investment in Eagle Hill Exploration Corporation
Marketwire - Thu Aug 15, 6:30AM CDT
Southern Arc Minerals Inc. (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company"
is pleased to announce that it has received shareholder approval to complete a strategic investment and acquire a 26.14% interest in Eagle Hill Exploration Corporation ("Eagle Hill" (TSX VENTURE: EAG), as previously announced on July 11, 2013. Southern Arc invested $7,324,050 to acquire 97,654,000 units of Eagle Hill by way of private placement at a price of $0.075 per unit. Each unit comprises one common share of Eagle Hill and one half share purchase warrant, with each whole warrant entitling the holder to acquire a further common share of Eagle Hill at a price of $0.10 per share for a period of four years. Should Southern Arc choose to exercise all of its warrants, the Company would hold a 30.74% interest in Eagle Hill on a fully diluted basis, and be the company's largest shareholder. 
