| Southern Arc Announces Change of Auditors | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 23, 2015) - Southern Arc Minerals (TSX VENTURE:SA) ("Southern Arc") announces that it has changed its auditors from Crowe MacKay LLP (the "Former Auditors") to KPMG LLP (the "Successor Auditors") effective September 9, 2015. At the request of the Company, the Former Auditors resigned as auditors of the Company and Southern Arc's Board of Directors appointed the Successor Auditors on September 9, 2015. There were no reservations in the Former Auditors' reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding the date of the Former Auditors' resignation. There are no reportable events between the Company and the Former Auditors. On behalf of the Board of Southern Arc Minerals Inc. John Proust, Executive Chairman & Chief Executive Officer About Southern Arc Southern Arc Minerals Inc. is a Canadian mineral exploration company focused on gold and copper-gold exploration. The Company is advancing two properties in Indonesia: West Lombok, a resource-stage property with several gold-rich copper porphyry and epithermal gold vein prospects, and East Elang, a grassroots exploration property that will be advanced in partnership with Vale International SA. Southern Arc also owns more than 6% of Oban Mining Corporation, which is advancing the high-grade Windfall Lake Gold Project in Quebec, Canada. More information is available at www.southernarcminerals.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Southern Arc Minerals Inc.
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CODE : SA.V |
ISIN : CA8422001070 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Southern Arc is a gold exploration company based in Canada. Southern Arc holds various exploration projects in Indonesia. Its main exploration properties are SELODONG, WEST LOMBOK and EAST LOMBIK in Indonesia. Southern Arc is listed in Canada. Its market capitalisation is CA$ 13.6 millions as of today (US$ 10.2 millions, € 8.7 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.48, and its lowest recent point on November 22, 2013 at CA$ 0.03. Southern Arc has 15 230 000 shares outstanding. |