Further to the announcement of 29 April 2022, the Company is pleased to announce that it received on 30 June 2022 the first cash payment of US$125k towards the US$1.5m receivable from the disposal of its Casa interests.
The next US$125k is due within the next 30 days and the issuance of $1.25m in listed stock remains due by 28 July 2022. The initial cash payments were delayed due to constraints imposed by relevant Canadian exchange regulations.
**ENDS**
For more information visit www.arcminerals.com.
Contacts
Arc Minerals Ltd
Nick von Schirnding (Executive Chairman)
+44 (0) 20 7917 2942
