RNS Number : 2313S
Arc Minerals Limited
23 July 2025
 

23 July 2025, 09:10 UTC

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information will be in the public domain.

 

Arc Minerals Ltd

('Arc Minerals', 'Arc', or the 'Company')

Zambia Licence Renewals

Arc Minerals (LSE:ARCM), an exploration company focused on developing Tier 1 copper deposits, is pleased to announce the approval of licence renewals for Zaco Investments Limited (Large Scale Exploration Licence 23005-HQ-LEL) and Afrimin Resources Limited (Large Scale Exploration Licence 28700-HQ-LEL). Zaco Investments Limited and Afrimin Resources Limited are subsdiaries of Handa Resources Limited, the joint venture company with a subsidiary of Anglo American.

The renewals are subject to payment of statutory area charges, which is currently in progress.  

 

The Directors of Arc are solely and entirely responsible for the content of this announcement. Neither Anglo American nor any other person, accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

**ENDS**

For further information, contact:

Arc Minerals Ltd                                                             

Nick von Schirnding (Executive Chairman)           

 

info@arcminerals.com



Zeus Capital Ltd (Nominated Adviser & Joint Broker)

Katy Mitchell/Harry Ansell

Tel: +44 (0) 20 3829 5000



Shard Capital Partners LLP (Joint Broker)

Damon Heath

Tel: +44 (0) 20 7186 9952

 

For more information, visit www.arcminerals.com.

 

 

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