Business
Update on Exclusivity Agreement
Update on Exclusivity Agreement.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 4697L\n Arc Minerals Limited\n 13 January 2021\n \n \n \n \n 13 January 2021\n \n \n Arc Minerals Ltd\n \n \n ('Arc' or the 'Company')\n \n \n Update on Exclusivity Agreement with Anglo American\n \n \n 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. \n \n \n Arc reminds shareholders that there can be no guarantee that the Company will enter into any commercial transaction with Anglo American.\n \n \n **ENDS**\n \n \n Contacts\n \n \n \n \n \n Arc Minerals Ltd\n \n \n Nick von Schirnding (Chairman)\n \n \n \n \n \n \n \n +44 (0) 20 \n 7917 2942\n \n \n \n \n \n \n \n SP Angel (Nominated Adviser & Broker)\n \n \n Ewan Leggat / Adam Cowl\n \n \n \n \n \n WH Ireland Ltd (Joint Broker)\n \n \n Harry Ansell / Katy Mitchell\n \n \n \n \n \n \n \n +44 (0) 20 3470 0470 \n \n \n \n \n \n +44 207 220 1666\n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.\n END\n \n MSCUUSARAOUAAUR\n ","length":4435,"tagName":"div"}]