Issue of Shares

About this update from Arc Minerals Limited

12 August 2024 Arc Minerals Ltd ('Arc' or the 'Company') Issue of Shares   Arc Minerals announces that is has issued 2,094,000 new ordinary shares of no par value in the share capital of the Company ("Ordinary Shares") to creditors at a price per share of 1.7498 in lieu of cash for services rendered to the Company ("Consideration Shares").   Application will be made to the London Stock Exchange plc for the 2,094,000 Consideration Shares to be admitted to trading on AIM ("Admission") with Admission expected to occur on or around 16 August 2024. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Following Admission of the Consideration Shares the total number of voting rights in the Company will be 1,448,108,263.     For further information contact: Arc Minerals Ltd                                                              Nick von Schirnding (Executive Chairman)                c/o Benchmark Communications WH Ireland ( Nominated Adviser & Joint Broker) Katy Mitchell/Harry Ansell   Tel: +44 (0) 20 7220 1666 Shard Capital Partners LLP (Joint Broker) Damon Heath   Tel: +44 (0) 20 7186 9952 Benchmark Communications (Investor Relations) Richard Kauffer   Tel: +44 (0) 7841 67 3210                                                    For more information, visit  www.arcminerals.com .    

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