Arc Minerals Limited (ARCM.L) Media Speculation

Arc wishes to inform shareholders that in light of a media report about a bogus debt claim made against Zamsort Limited (“Zamsort”) relating to a $5.8m capital raise by Zamsort in 2015 (prior to Arc becoming a shareholder).

It notes that the case is without any merit and is not expected to proceed following the withdrawal today of a key plaintiff. Zamsort is additionally launching an immediate action in the High Court of Zambia to dismiss the bogus claim as fictitious.

For more information visit

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Notes to the Editors

Arc Minerals is an AIM-listed exploration company focused on its exciting Zambian copper exploration projects.

Current holdings in Zambia include:

● A 66% equity interest in Zamsort Limited (“Zamsort”), a private company focused on a prospective copper licence in the Zambia Copperbelt.

● A 72.5% equity interest in Zaco Limited (“Zaco”), a private company focussed on a prospective copper and cobalt license adjacent to Zamsort.

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.